Hot Listing
20 Unit 24 Bed Assisted Living Property, Southern MN Opportunity
Business Description
Assisted Living property in Souther MN with Sterling Reputation
VR Business Brokers, Mergers & Acquisitions is pleased to present a 20-unit, 24-bed assisted living facility in Southern Minnesota, offered with real property included.
Established 20 years ago, this community has built a sterling reputation and maintained stable occupancy, with revenue steadily growing.
• Payor mix (by beds): 80% private pay / 20% MA-EW
• Average monthly rate per resident: $3,920
• Average resident tenure: 4–5 years
The owners are seeking an acquirer who will uphold the community’s strong reputation for quality care and capitalize on its earnings potential. They are also willing to remain during an agreed-upon transition period to ensure a seamless handover.
Established 20 years ago, this community has built a sterling reputation and maintained stable occupancy, with revenue steadily growing.
• Payor mix (by beds): 80% private pay / 20% MA-EW
• Average monthly rate per resident: $3,920
• Average resident tenure: 4–5 years
The owners are seeking an acquirer who will uphold the community’s strong reputation for quality care and capitalize on its earnings potential. They are also willing to remain during an agreed-upon transition period to ensure a seamless handover.
About the Business
- Facilities & Assets
- Purpose-built, one-story standalone building designed to meet Minnesota Department of Health (MDH) assisted living requirements
- Opportunities for Growth
- There is a vacant adjacent lot that can be purchased which offers the opportunity to expand the community by adding to the existing building, potentially with a different program such as memory care, care suite, or independent living units.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Personal reasons
- Transition Support
- Training and transition support will be provided during the initial transition period or as otherwise negotiated between the buyer and seller.
Listing Info
- ID
- 2386959
- Listing Views
- 1463
Attached DocumentsAttachment Disclaimer
Listing ID: 2386959 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.
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