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BUSINESS FOR SALE - PROFILE #  42680014

Reputable Assisted Living Community
Southern Minnesota

Asking Price: $950,000   Down Payment: $190,000  
Gross Revenue: $360,661   Adj. Cash Flow*: $116,413  
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Executive Summary
Assisted Living Community Licensed for 16 residents with a Sterling Reputation in Southern Minnesota. 

This community has been established for almost 3 decades and run by the same owner since the inception of the community. Payer source is 85% private pay and 15% Elderly Wavier. The average tenure of hands-on care staff is 5.75 years and this allows the community to run effectively and efficiently with high resident and family satisfaction. 

The Seller is willing to remain involved with negotiated terms and conditions to ensure a smooth transition for the new owner.

Acquisition Highlights

  • Greater Minnesota has higher number of senior population and there are continuing and increasing needs for assisted living care and long term care services. There are a few competitors in the area however they are good referral source for the subject community. It also has 85% private pay and 15% Elderly Waiver program so overall the community is well positioned for a long term sustainability.
  • This purpose built Assisted Living Community is free standing with all of residents' suites and the common areas on one level for ease of mobility. Each resident suite has it own spacious bedroom and bathroom. The site is centrally located in its city and the county.
  • Financing Information:  25 year
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1990 Inventory:
Employees: 14 PT , 1 Mgrs Furniture, Fixtures & Equipment:
Real Estate:
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Young Bebus
Phone:  (651) 330-1767
Fax:  (651) 313-5137
E-mail:  youngb@vrtwincities.com
VR BUSINESS BROKERS – MINNEAPOLIS/ST. PAUL
4655 Nicols Road #102
Eagan, MN 55122
www.vrtwincities.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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