45 Bed Assisted Living with Dementia Care, Southern MN

Price: $6,250,000

Location: Southern, MN

Industry: Assisting Living and Nursing Homes

Listing ID: 15229846-YB

Listing Status: New

Description

OFFERING
VR Business Brokers, Mergers and Acquisitions is pleased to introduce a 41 Unit, 45 Bed Assisted Living with Memory Care Facility in Southern Minnesota with real property included.

Since its inception, the community is stabilized and growing its occupancy and the revenue steadily, despite slight slowdown during COVID. The community has been serving southern MN for less than five years, but with experienced operating background has grown year-over-year, as seen in its financial performance shown below.

Unit Mix
75% Assisted Living
25% Memory Care

Average Monthly Rate
Memory Care $5,721
Assisted Living $4,078

INDUSTRY TRENDS (1)
• Projected Strong Growth in Demand. Over the next two decades, the population of adults over 85 will more than double to exceed 14.4 million people. Depending on when the bulk of the elderly population enters the skilled nursing care system, the swell in demand could exceed space available.

• Sales for the US nursing homes and assisted living companies’ industry are forecast to grow at a 5.06% compounded annual rate from 2019 to 2025. Growth rate is faster than the growth of the overall economy, at 3.6%.

• Federal Funding Proposed for Home, Community-based Care. President Biden has made a proposal to spend $400 billion over eight years on home and community-based services as part of his $2 trillion infrastructure plan.

• Business Exit Rate much lower than US Average for all businesses. For assisted livings and nursing homes, the rating is 1.5, while the national average for all industries is 9 which indicates a SOUND investment.

(1) Vertical IQ

LISTING DETAILS

Down Payment: N/A

Total Sales: $2,105,581

Cash Flow: $814,526

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: N/A

Operation

Year Established: 2018

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Real Estate Included: Yes

Monthly Rent: N/A

Type of Location: Southern, MN

Franchise: No

Summary

Reason For Sale:

Retirement

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER
There is no associated broker for this Listing.