Memory Care / Assisted Living For Sale
Location Minnesota,United States
Asking Price Range $250K - $500K
Gross Revenues $850000
Net Profit / Cash Flow $250000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2008
Number of Employees 20 - 34
Inventory 125000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training available
Reason for Sale family
Description Residential Memory care Company for sale
A great opportunity for a qualified operator to own a successful profit generating business.
Well established 14 bed residential care home company with multiple locations in twin cities.
The potential gross revenue can range from $ 750,000-1,040,000
A nurse owner operator can generate take home income of $150,000- 250,000.
Sale price $350,000. Owner financing available.
The properties are leased from a holding company. Can sell the properties if interested.
This is an ideal business for an entrepreneur RN, LPN or CNA or an entrepreneurial manager. This is an asset sale including staff of caregivers, nurses, a payroll company services, clients, list of resources for future clients, all operating manuals, significant inventory and 1 month of training. Additional training/guidance can be purchased for a fee.
This is a great and growing market with ageing baby boomers. There is a very high demand for these services. A turn key operation.
It will take a new business 3-4 years to reach this stage and build a great name as this existing business.
Serious enquiries only.
Key words- Assisted living, senior care business, Manager, home health care, be your own boss.
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