State-of-the-Art, 20 Resident Assisted Living + RE

Not Disclosed, MN

Asking Price: Annual Revenue:
$2,195,000 $1,199,941

Services: Senior Living & Care, Assisted Living

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RE: State-of-the-Art, 20 Resident Assisted Living + RE Broker: Jim Underwood

Quick Facts

Asking Price: $2,195,000
Annual Revenue: $1,199,941
Net Profit: Not Disclosed
Cash Flow: $343,407
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,500,000
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 810228483
Broker Reference #: 11401 JU

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Business Overview:

Beautiful state-of-the-art, 16 Unit, 20 Resident Assisted Living Facility in a small rural community in Northern Minnesota. 24/7 care and supervision by qualified staff. Owners have been in the business for many years. Situated on 1.6 acres with city utilities. Priced to sell at $2,195,000 including FF&E and inventory. For more information, please contact Jim Underwood.

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Reason for Selling:

Downsize # of Facilities.

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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