Two Assisted Living Facilities in Northern MN

Not Disclosed, MN


Asking Price: Annual Revenue:
$4,150,000 $3,063,633

Services: Senior Living & Care, Assisted Living


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RE: Two Assisted Living Facilities in Northern MN Broker: Jim Underwood

Quick Facts

Asking Price: $4,150,000
Annual Revenue: $3,063,633
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $2,680,000
Year Established: 2004
Employees: Not Disclosed
BBN Listing #: 430328483
Broker Reference #: 11268 JU

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Business Overview:

TWO (2) very nice assisted living facilities available in Northern Minnesota. 24/7 advanced care living services to the elderly. Owners have been in business over 12 years and have owned this location for 5 years. They employ a highly skilled staff of nurses with little turnover. Owner is retiring to run the other family business. Priced to sell at $4,150,000, includes both locations, FF&E and inventory. For more information, please contact Jim Underwood.

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Reason for Selling:

Retiring

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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