Opportunity Zone 41 Unit Assisted Living in MN

Not Disclosed, MN

Central Minnesota

Asking Price: Annual Revenue:
$6,480,000 $1,547,460

Services: Professional

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RE: Opportunity Zone 41 Unit Assisted Living in MN Broker: Young Bebus

Quick Facts

Asking Price: $6,480,000
Annual Revenue: $1,547,460
Net Profit: $434,899
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 835955277
Broker Reference #: 42680023

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Business Overview:

VR Business Brokers, M&A are M&A advisory services firm located in Minnesota, specializing in LTC, Home and Health Care and Aging Services. We bring location representation with global reach through locations around the world. Focused on the full or partial sale, divestitures or mergers of small to mid-market businesses in niche markets, we handle M&A transactions specializing in assisting management buyouts, business reconstruction and divestitures, value maximization of sales transactions and the end-to-end evaluation of a specific clients’ needs.

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Market Competition and Expansion:

According to ESRI, the United States 75-plus population is estimated to grow by 19.8% over the next five years. If only a portion of this figure translates to actual prospective residents with a viable income stream, the Senior Housing industry is facing a severe shortage of inventory. 40% of the existing Senior Housing inventory is over 18 years of age with 53% already over the age of 25 years. Of the existing AL inventory, 50% is over 18 years old. From a layout, design, building codes, supportive science and aesthetic standpoint, the standard of Senior Housing products required to care for our aging population has changed tremendously from five years ago, let alone the strides made in the last two decades. Minnesota ranks as 7th state as “Senior Housing Top 10 Metros with construction activities.” Historical value per unit pricing during 2017-2018 was $150,000 to $200,000 for Assisted Living. Source: The Senior Housing Acquisition and Investment Report, 2019. NIC MAP Data & Analysis Service Q4 2018 Summary.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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