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RE:  Newer Built, Profitable Assisted Living Home Contact:  Katie Black Or Manoj Moorjani

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $438,000
Net Profit: Not Disclosed
Cash Flow: $242,952
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $650,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 664028483
Broker Reference #: 11570 MM KB

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Business Overview:

Newer built & profitable assisted living home. Six bedroom, 3 bathrooms, office, and a large walkout basement. Licensed for 5 residents with MDH. Licensure includes those with disabilities under age 55. (there is currently a moratorium on new homes that services those with disabilities under the age of 55, so there is value in this home being grandfathered in to have this demographic of residents.) Monthly revenue over $35,000; business is working on increasing 1 resident by $3,000/month. Home is accessible (no step up), walk-in shower, and senior tub. Home is also centrally located in the south metro right off 494, allowing us to draw residents and caregivers from much of the south metro. Contact Katie or Manoj for more information.

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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 homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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Read More
Cash Flow $461,015
Revenue $2,492,094

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