1788 41 Unit Assisted Living Facility- Central MN

Not Disclosed, MN

Asking Price: Annual Revenue:
$6,480,000 $1,670,000

Services: Medical, Dental

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RE: 1788 41 Unit Assisted Living Facility- Central MN Broker: Tim Bullard

Quick Facts

Asking Price: $6,480,000
Annual Revenue: $1,670,000
Net Profit: Not Disclosed
Cash Flow: $630,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 657922468
Broker Reference #: 1788

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Business Overview:

VR Business Brokers, Mergers and Acquisitions is pleased to introduce a 41 unit 50 resident capacity, Comprehensive Home Care Licensed Assisted Living Facility Minnesota. This rebuilt project in North Minnesota region with a strong healthcare infrastructure is less than 3 years old. The building is multi story, approximately 36,000 square feet. The facility has had steady occupancy and revenue growth and projected to stabilize in early 2020.

For a future operator, the facility’s best and highest use based on the licensing capacity is 66. The value up opportunity presents approximately $5 Million dollars when reaching the capacity with the assumptions of 10% vacancy and 5% management fees under the similar market and economic conditions.

The facility is owner operated and there is no management contract obligation. However, the owner is willing to assist with transition and the broker can assist with a management contract.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is owned.
  • The owner is not 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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