30 Unit Assisted Living, North MN

Not Disclosed, MN

Northern Minnesota


Asking Price: Annual Revenue:
$3,200,000 $1,400,000

Services: Senior Living & Care, Assisted Living


Request More Information
Contact the Seller

RE: 30 Unit Assisted Living, North MN Broker: Young Bebus
License #: 40728016

Quick Facts

Asking Price: $3,200,000
Annual Revenue: $1,400,000
Net Profit: Not Disclosed
Cash Flow: $473,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 597455277
Broker Reference #: 15219624-YB

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

OFFERING
VR Business Brokers, Mergers and Acquisitions is pleased to introduce a 30-unit Assisted Living Facility in Northern Minnesota. The facility has had steady occupancy and revenue growth. The owner(s) set up the organizational structure under absentee owner(s) and is poised for continued growth in the rapidly expanding assisted living market.

The company has been serving northern MN for nearly two decades and the Company’s financial performance shown below reflects the business’ operational excellence and reputation.

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.

Market Competition and Expansion:

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

Reason for Selling:

Personal reasons

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.

Documents:

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!