Healthcare/Medical / Assisted Living Facilities
This very profitable Home has thrived serving primarily the AG community allowing it to be nearly full all the time. While there is a super strong market for this niche of residents, subtle improvements and changes would allow a new owner to move the home to private pay in the mid-range area of approximately $2,500 to $3,500/month. Keep in mind, there is also a serious lack of rooms in this price range. The current cash flow to the owner is in excess of $220,000 per year. Even if a third of the beds were moved to private pay at $2,500/month, the cash flow could conceivably increase by yet another $200K per year (16 x 1,100 x 12). If the new owner were to be an administrator-owner-operator, the profit would be unbelievable.