45 Bed Assisted Living with Dementia Care

Not Disclosed, MN

Southern MN


Asking Price: Annual Revenue:
$6,250,000 $2,105,581

Services: Senior Living & Care, Assisted Living


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RE: 45 Bed Assisted Living with Dementia Care Broker: Young Bebus

Quick Facts

Asking Price: $6,250,000
Annual Revenue: $2,105,581
Net Profit: Not Disclosed
Cash Flow: $814,500
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 662055277
Broker Reference #: 15229846-YB

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Business Overview:

OFFERING
VR Business Brokers, Mergers and Acquisitions is pleased to introduce a 41 Unit, 45 Bed Assisted Living with Memory Care Facility in Southern Minnesota with real property included.

Since its inception, the community is stabilized and growing its occupancy and the revenue steadily, despite slight slowdown during COVID. The community has been serving southern MN for less than five years, but with experienced operating background has grown year-over-year, as seen in its financial performance shown below.

Unit Mix:
25% Memory Care
75% Assisted Living

Average Monthly Rate:
Memory Care: $5,721
Assisted Living:$4,078

INDUSTRY TRENDS (1)
• Projected Strong Growth in Demand. Over the next two decades, the population of adults over 85 will more than double to exceed 14.4 million people. Depending on when the bulk of the elderly population enters the skilled nursing care system, the swell in demand could exceed space available.

• Sales for the US nursing homes and assisted living companies’ industry are forecast to grow at a 5.06% compounded annual rate from 2019 to 2025. Growth rate is faster than the growth of the overall economy, at 3.6%.

• Federal Funding Proposed for Home, Community-based Care. President Biden has made a proposal to spend $400 billion over eight years on home and community-based services as part of his $2 trillion infrastructure plan.

• Business Exit Rate much lower than US Average for all businesses. For assisted livings and nursing homes, the rating is 1.5, while the national average for all industries is 9 which indicates a SOUND investment.


(1) Vertical IQ

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Reason for Selling:

Retirement

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.

Relevant Links:

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