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Private-Pay Memory Care Assisted Living Facility For Sale

Galveston County, Texas, US
Asking Price:
$1,910,000 Furniture / Fixtures included
Sales Revenue:
$827,541
Cash Flow:
$204,939

Own a Turnkey Private-Pay Memory Care Assisted Living Facility

The Company is a licensed, eight (8) bed Type B Assisted Living Facility with an Alzheimer's/dementia (memory care) certification, located in a residential neighborhood within the greater Houston, Texas metro area. The Company is a private-pay-only, age-in-place memory care residence operating out of a fully renovated, single-story home of approximately 4,300 square feet on just over 0.8 acres — a distinctive, neighborhood-based setting that differentiates it from institutional competitors and is a genuine draw for families evaluating care options. In addition to the eight (8) bed license, the Company has three additional rooms that can be used for respite care (60-day care).
The Company is being offered for sale together with the underlying real estate. The business generated $827,541 in gross revenue in the 2025 tax year, up from $784,762 in 2024 and $774,027 in 2023, and carries no outstanding business debt, no accounts receivable, and no third-party payor contracts — all residents are private pay.
The current owners are selling in order to retire – they are currently primarily absentee. The Company's full-time Director/Manager is willing to remain with the business following a sale, providing valuable continuity for a new owner and substantially reducing key-person transition risk. In addition, the Company has an experienced, tenured caregiving team already in place. The sellers are willing to provide an extended, largely remote transition.
This is a compelling acquisition for an existing assisted living operator seeking to add a well-run, high-demand memory care facility to its portfolio, an individual investor/operator seeking a turnkey healthcare real estate business, or a licensed administrator ready to step into ownership of an established, reputable facility with room to grow occupancy and rates.

Property Information

Real Estate:

Lease

Business Operation

Competition / Market:

Business and real estate offered together — a rare, turnkey opportunity to own both the operating company and the purpose-built healthcare real estate

100% private pay — no Medicaid, VA, or long-term-care-insurance contracts, no accounts receivable, and no outstanding business debt

Distinctive residential-neighborhood setting (obtained with specific municipal approval to operate in a residentially zoned area) that differentiates the Company from institutional-style competitors

Dedicated memory care focus with an Alzheimer's/dementia certification — since inception, only one non-memory-care resident has ever been admitted

Age-in-place resident model: in the last three years, no resident has moved out for any reason other than passing

Reasons for selling:

Leaving the industry

Other Information

Support & training:

2 weeks

Furniture / Fixtures value:
$125,000 - included in the asking price