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Established Seven Bedroom Assisted Living Home In Minnesota For Sale

Minnesota, US
Asking Price:
$1,025,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$611,625
Cash Flow:
$208,307

Location established in 2011. Current owner took over the business 3 years ago and has built up the revenue and remodeled the home from 5 to a 7 private bedroom location.
Real Estate Value: $550,000

The additional bedrooms have been cleared via the state.

Current owner runs the business semi-absentee.

New owner would merely need to add the 2 additional rooms to the current 5 bed license. Licensed for residents 18 and older.

Currently 3 beds are filled. 2 residents passed via hospice care.

Home is well maintained.

Owner is pregnant with first child and moving out of state.

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

Moving Out of State - Family

Years established:
12

Other Information

Support & training:

Negotiable