Family-Owned Assisted Living Home

Not Disclosed, MI
Barry County


Asking Price: Annual Revenue:
$795,000 $445,011

Services: Senior Living & Care, Assisted Living


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RE: Family-Owned Assisted Living Home Broker: Max Friar
Owner Financing is Available!
Limited seller-financing is available for qualified buyers.

Quick Facts

Asking Price: $795,000
Annual Revenue: $445,011
Net Profit: Not Disclosed
Cash Flow: $162,841
Total Debt: Not Disclosed
FF&E: $13,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 9
BBN Listing #: 217945079
Broker Reference #: 737

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Business Overview:

Established in 2003, this Company is an assisted living center focused on providing the utmost quality of life for its retired residents. Intentionally kept small, the living center provides three home cooked meals daily, as well as private rooms, individual laundry and housekeeping services, numerous activities, and several other amenities.

The facility gives its residents the best of both worlds: a rustic country setting, with easy access to the nearest downtown amenities. The staff are trained and supervised by Registered Nurses.

The founders started the Company after caring for their own elderly parents. After nearly two successful decades, they are seeking to sell the Company in order to transition into their own retirement.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.

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Property Features and Assets:

12-bed residential home on 5 acres of property.

Market Competition and Expansion:

Investment Highlights Include: (1) Exceptional Quality of Life Care (2) Beautifully Maintained Property (3) Community Memberships & Affiliations (4) Glowing Testimonials Growth Opportunities Include: (1) Expansion of Capacity (2) COVID Isolation (3) Surgery/Accident Recovery

Reason for Selling:

Retirement

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.

Relevant Links:

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