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BUSINESS FOR SALE - PROFILE #  1521-YB

Residential Assisted Living Home
Hennepin County & Metro MN

Asking Price: $699,000   Down Payment: $104,850  
Gross Revenue: $395,370   Adj. Cash Flow*: $40,695  
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Executive Summary
Turn Key Residential Assisted Living Home with comprehensive Home Care License & Housing with Services License in place & Private pay model in an affluent area.  Business highlights:

  • Great earnings opportunity & turn-key operations

  • Great location in an affluent area

  • Accommodate 6 residents with 6 rooms and 6 bath

  • Comprehensive license can be expanded to in-Home Care Service for business expansion opportunities and platform

  • Private pay model: Waiver program can be added by new owner if desired

  • Lower level office & lobby can be converted to live-in suite for staff

  • Currently operated by PT owner

  • New owner training available



The home is licensed as a Comprehensive Home Care provider by The Minnesota Department of Health (MDH) and has a Housing with Services certificate by DHS.

Seller is open to a seller financing, part seller carry back, or business asset sale & lease to purchase of the real property pending overall offer.

Acquisition Highlights

  • It is estimated that about one out of every four 65-year-olds will live to be 90 years old, with one of every 10 expected to live past 95 years of age. According to Primary Markets, Segment Type Data” NIC MAP Data & Analysis Service of 2nd quarter report in 2017. With booming aging population, there is high demand for quality senior housing options. Residential care home model offers a unique, intimate, high staff to resident ratio and comfortable home environment. Senior housing business has proven its resilience during economic downturn and higher return during economic upturn.
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2011 Inventory:
Furniture, Fixtures & Equipment:
Real Estate: $524,000
Building Sq Ft: 3,659
    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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