Profitable and Established Assisted Living Center
Business Description
High-end Assisted Living with Waiting List
*We have received a large number of inquiries on this business since listing. No info will be sent without proof of funds and a signed NDA.
This business is located just outside of Grand Rapids, MI.
Very profitable. Beautiful center with top-notch reputation. The center, staff and residents are all amazing! Once in a lifetime opportunity.
This business is located just outside of Grand Rapids, MI.
Very profitable. Beautiful center with top-notch reputation. The center, staff and residents are all amazing! Once in a lifetime opportunity.
About the Business
- Years in Operation
- 10
- Number of Employees
- 25
- Facilities & Assets
- Beautiful building with state of the art design. Fully remodeled and a new addition with two licenses. All new steel roof. Immaculate condition with new outside courtyard and pergola. Great reputation, waiting list and longterm staff. Turn key ready with great cash flow. Once in a lifetime
opportunity. Message for more pictures and returns. Rates are in the process of being raised $2000 per resident/room as so much room is available for growth. - Market Outlook / Competition
- Only memory center in town that has secured doors. Top rated assisted living center. Full with a waiting list. Very active FB and website.
- Opportunities for Growth
- 30-bed that has room to grow by $2000 per bed to stay with going rates locally. Extra $700,000 per year in just profit.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 13,000
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Seller will stay on board the first 90-day, then available by phone and to help oversee the first year.
- Financing Options
- No
Listing Info
- ID
- 1905598
- Listing Views
- 21256
Listing ID: 1905598 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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