Hot Listing
Thriving 16-Bed Assisted Living Facility with Exceptional Reputation
Business Description
Unique Culture, Below-Market Rates, and Exceptional Growth Opportunity
This thriving business is renowned for its exceptional care, welcoming atmosphere, and strong community reputation. Situated on 1.6 acres, the property features 8 bedrooms, 5 bathrooms, and thoughtfully designed common areas, including a central kitchen, dining room, living room, sunroom, and a serene backyard with a walking path and benches.
The facility stands out in the market with its unique culture, low staff turnover, and operational stability, ensuring continuity and quality of care. Growth opportunities include strategic rate adjustments, expanded marketing efforts, and enhancing partnerships with local healthcare providers.
With a dedicated manager overseeing daily operations and full training and support offered during the transition, this turnkey business is ideal for a new owner ready to build on its strong foundation and reputation for excellence.
The facility stands out in the market with its unique culture, low staff turnover, and operational stability, ensuring continuity and quality of care. Growth opportunities include strategic rate adjustments, expanded marketing efforts, and enhancing partnerships with local healthcare providers.
With a dedicated manager overseeing daily operations and full training and support offered during the transition, this turnkey business is ideal for a new owner ready to build on its strong foundation and reputation for excellence.
About the Business
- Years in Operation
- 6
- Number of Employees
- 15
- Facilities & Assets
- This 16-bed residential assisted living facility sits on 1.6 acres with a serene backyard featuring a walking path and benches, plus a front parking lot for staff and guests. The 8-bedroom, 5-bath home includes a central kitchen, dining room, living room, sunroom, and two wings with shared bathrooms. Amenities include furnished rooms with smart TVs, commercial laundry units, ample kitchen appliances, two HVAC systems, three water heaters, a fire alarm linked to the fire department, and a secure med cart with electronic records.
- Market Outlook / Competition
- The current market conditions for Well Homed are solid and stable, with consistent demand for quality assisted living services in the area. Our reputation for exceptional care and affordability has created a steady stream of referrals from doctors, hospice agencies, and the community. Additionally, our competitive pricing, paired with low staff turnover and operational efficiency, positions the business as a reliable and attractive investment in an ever-growing industry.
- Opportunities for Growth
- Growth opportunities include raising rates to align with market averages, maximizing occupancy through targeted marketing, and building partnerships with healthcare providers to strengthen referrals. The facility’s strong reputation, low staff turnover, and well-designed layout provide a solid foundation for expansion. Challenges include the financial constraints of some residents and workforce retention as generational work ethics shift.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,300
About the Sale
- Seller Motivation
- We believe a new owner with fresh focus and energy can unlock the full potential
- Transition Support
- The current manager, committed to staying on, ensures continuity in day-to-day operations. I will provide comprehensive training and support for 3 to 12 months to ensure a smooth transition. While the manager handles most tasks, the new owner should be prepared to step in as needed, maintaining the high standards and reputation of the home.
Listing Info
- ID
- 2307433
- Listing Views
- 11033
Attached DocumentsAttachment Disclaimer
Listing ID: 2307433 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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