3109 Rhinelander WI: Turn-key Assisted Living Facility In N WI
Not Disclosed, WI Not Disclosed
Northern Wisconsin
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- RE: 3109 Rhinelander WI: Turn-key Assisted Living Facility In N WI
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $1,605,000 | |
| Annual Revenue: | $520,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $1,605,000 | |
| Year Established: | Not Disclosed | |
| Employees: | 9 | |
| BBN Listing #: | 1009814 | |
| Broker Reference #: | 3109 |
Business Overview:
This established 15-bed licensed Community-Based Residential Facility (CBRF) offers a compelling opportunity to acquire a stable, needs-based healthcare business with immediate upside. The facility currently operates at 12 residents, with ownership intentionally moderating admissions to maintain care quality and manage other business commitments.
At a stabilized census of 13–14 residents (85–93% occupancy), recast financials project Net Operating Income (NOI) of approximately $167,000 to $202,000, representing significant upside from current operations. Historical revenue has ranged from $470K to $520K annually. Financials have been normalized to reflect arm’s-length operations, including a market-based administrator salary and removal of owner-related expenses.
The business provides assisted living, respite care, and memory care services, including 24-hour supervision, medication management, and activities of daily living support. The property features a residential-style layout with secure outdoor areas and an enclosed courtyard, well-suited for memory care residents.
The offering includes the operating business, the improved real estate, and an adjacent parcel with expansion potential for additional beds, memory care, or other senior housing formats. Located in Northern Wisconsin, the facility benefits from strong demographic tailwinds, limited local competition, and consistent referral sources including regional healthcare providers and managed care organizations.
This is a turnkey, high-margin opportunity ideal for a hands-on operator or regional provider seeking expansion into a supply-constrained market. Clear value-add opportunities include increasing occupancy, modest rate adjustments, and future expansion.
Seller will provide transition support and is open to a non-compete agreement.
Contact the Seller:
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Market Competition and Expansion:
Additional, adjacent real estate part of the asking price.
Reason for Selling:
Other business interests. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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