Residential Care Facility In Missouri

Business Overview:

This is a facility providing care primarily for elderly people. The residents at the facility are treated like family and the staff’s main goal is to make them feel loved and cared for. This business provides a resource for people in the community, the county and beyond that generally have very few options when it comes to a safe place to live with quality care and a generous and caring staff. The facility has been in operation serving the area with kindness and pride for more than 30 years.

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Property Features and Assets:

This company operates from a standalone facility located in a quiet residential area of a small Missouri community. The original building remains but has had additions and many upgrades over the years to keep it in excellent shape and compliance with state requirements. It occupies a portion of a three plus acre piece of land and there is room for expansion if a new owner would wish to do this. Assets = $1,872,519

Market Competition and Expansion:

There are not a large number of similarly licensed facilities to this operation in the immediate area. There are other facilities around, but they are either lower quality as far as the physical facility and amenities are concerned or they are facilities that provide a different level of care for residents. The industry in which the company operates is one that will continue to grow with the growing population of elderly people in the region, and the country. The industry has gone through and continues to experience some consolidation of facilities with large companies already in the business and investors trying to enter the business purchasing operations all over the United States. There are some excellent opportunities for growth for a new operator coming in. If a new operator wants to add additional levels of care, there is plenty of space in the facility to do so while continuing to serve the current residents. Improving and modernizing the website and increasing social media presence is also another area of growth opportunity for the company as is increasing awareness in the public arena in nearby areas. There are a couple of other growth areas that the current owner is willing to share with a buyer.

Reason for Selling:

Like to see new ownership step into the facility.

Additional Details:

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