Assisted Living Facility in New England

Price: $1,800,000

Location: New Hampshire*

Industry: Health Care and Fitness

Listing ID: 12162021

This 16-bed Licensed Assisted Living Home has been in operation since 2013. The overriding principle of operation is that you as an owner can do well while doing good – and it shows from the moment you walk in the door.

The building is ranch-style, with one level of living space and a full basement. It is fully handicap-accessible and ADA compliant.

The sellers have done an outstanding job of renovating and maintaining this facility. New items include complete renovation of client rooms, the roof (2014), windows, maintenance-free siding , PVC trim, insulation, septic pumps, commercial kitchen and landscaping.

This caregivers provide assistance with activities of daily living for seniors who need help with everyday tasks like dressing, bathing and toileting. The environment is designed to be very much like a home setting and there are both private and semiprivate rooms.

The facility consistently runs at 100% occupancy, with a waiting list for new residents to move in. That is due to the excellent reputation which garners referrals from doctors, hospitals and families all over the state.

Residents are able to bring some of their treasured possessions and even some furniture with them if they wish. Everything is done with a singular focus on making residents feel at ease in their new surroundings.

There is a full kitchen for meal preparation – and every single meal and snack served is home-cooked. Residents eat and socialize in the spacious community dining area.

There is also a single-family home across the street, which is included in the sale price. This home features 3 beds and 2 baths and sits on 2 acres +/-. It can be used for future expansion, rented out for additional income or would be an ideal location for a facility manager

*Confidential Listing – Not in the indicated location.

Listing Details

Gross Revenue: $768,000

Reason For Sale:

Seller is seeking retirement.

Training & Support:

Seller will assist the buyer with startup, licensure and regulatory compliance.

Operation

Year Established: 2013

Summary

Potential Growth:

There is plenty of room for potential growth and expansion.