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BUSINESS FOR SALE - PROFILE #  42680012

Residential Assisted Living Community
Hennepin County, Twin Cities Metro, MN

Asking Price: $729,000   Down Payment: $145,800  
Gross Revenue: $424,900   Adj. Cash Flow*: $172,528  
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Executive Summary
Have you given a thought to starting your own business in Assisted Living/Home Care, or expanding your business in Home Care / Assisted Living? 

This turn-key Assisted Living Home is based on Private Pay source and licensed with Comprehensive Home Care and Housing with Services. The home is conveniently located near major shopping & in an affluent neighborhood. The home is run by PT owner with dedicated nurses and consistent, caring direct care staff members 24/7. 

Please ask the broker for the financial and additional business information.  The above revenue and earnings are based on 2018 projection. The owners are dedicated to a smooth transition for a new owner(s). The owners prefers to sell the business and the real estate together but willing to explore creative options for the right buyer.

Acquisition Highlights

  • 1. Great earnings opportunity & turn-key operations 2. Great location in an affluent area 3. Accommodate 6 residents with 6 rooms and 6 bath 4. Comprehensive license can be expanded to in-Home Care Service for business expansion opportunities and platform 5. Private pay model: Waiver program can be added by new owner if desired 6. Lower level office & lobby can be converted to live-in suite for staff 7. Currently operated by PT owner 8. New owner training available
  • 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.
  • Financing Information:  Estimated 20 yr with 6% interest rate
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2011 Inventory:
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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