Newly Reopened Personal Care Home with Tremendous Upside Potential
Asset Sale Description
Build scale with an existing facility that was recently permitted for ~70 beds, and with capacity to increase to ~200 beds. Having just reopened this year, this facility had previously closed during COVID, and is positioned to quickly scale. While the owner understands that the value will be higher once stabilized, he is willing to sell the facility at an attractive cost basis today due to personal reasons, which require most of his attention.
The facility has already begun to accept residents and is quickly filling beds due to attractive pricing and relatively low competition in the area.
Serious inquiries only. All prospective buyers will be required to sign a Non-Disclosure Agreement (NDA) and provide proof of financial capability before receiving additional information.
Due to the limited historical period of operations, this project will likely require cash-financing, however it will provide tremendous upside potential for the buyer that is positioned to do so.
The facility has already begun to accept residents and is quickly filling beds due to attractive pricing and relatively low competition in the area.
Serious inquiries only. All prospective buyers will be required to sign a Non-Disclosure Agreement (NDA) and provide proof of financial capability before receiving additional information.
Due to the limited historical period of operations, this project will likely require cash-financing, however it will provide tremendous upside potential for the buyer that is positioned to do so.
Detailed Information
- Facilities & Assets
- The facility is a well-maintained, multi-level building situated on a spacious lot. It features private and semi-private rooms, a commercial kitchen, a common dining area, and multiple recreational spaces. The sale includes all furniture, fixtures, and equipment necessary for daily operations. The building is designed to meet the needs of a senior care facility and is in good condition.
About the Sale
- Transition Support
- The current owner is dedicated to ensuring a seamless transition and is offering comprehensive support and training for a period to be negotiated with the buyer. This will include an overview of all operational procedures, resident care protocols, staff management, and licensing requirements to ensure a smooth handover of the business.
- Seller Motivation
- Owner has personal issues to contend with
Listing Info
- ID
- 2398662
- Listing Views
- 219
Listing ID: 2398662 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
