Home Care & Assisted Living Center Real Estate

Business Overview:

This is an incredible opportunity to own two successful businesses and a fantastic piece of Real Estate. The Home Health Care business is valued at $375k and the Assisted Living Facility is valued at $2.4MM There is a current commercial appraisal available to support the asking price.

This assisted living facility is the Bed & Breakfast of Assisted Living Communities. The smaller community affords an extremely personalized level of Assisted Living that won’t be found anywhere else in the industry. From suites uniquely designed for the safety and security of seniors to Farm-to-Table meals prepared by talented chefs, you will be the owner of a truly special facility. You will benefit from competent, high performing office staff with established policies and procedures, as well as employee development and retention programs. The facility includes six private offices and two cubicle spaces in addition to the training and kitchen amenities.

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Property Features and Assets:

The 11,000 sq foot Assisted Living Center includes a full commercial kitchen with premium commercial appliances, and fixtures, which is also licensed by ODH and certified by the county health department. The offices are located on the premises of the ALF allowing for easy access to residents along with direct staff supervision, which helps facilitate a culture of excellence through close family and employee engagement. The ALF has radiant floor heat, which improves comfort in the winter months and reduces heating costs substantially; it costs about 30% less to heat this facility than traditional methods would.

The Home Care Entity leases a 1000 SQFT office space at a rate of $750/Month from the ALF business. This is located on a major state route with high visibility and easy access for interviews and training. 

Market Competition and Expansion:

Other local home care franchises such as Home Instead, Cherished Companions, and Visiting Angels are competitors but this franchise has been named a 2024 Best of Home Care® Endorsed National Provider by Home Care Pulse.

There has been a steady annual growth of 20% revenue since this business started. There's no shortage of business opportunity available and staff is established and properly trained. The home care industry has expanded its offering to include some limited, private duty "skilled nursing care", which can be billed at premium rates.

Reason for Selling:

Retirement

Additional Details:

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