Wisconsin Assisted Living and Nursing Homes For Sale

Assisted Living and Nursing HomesWisconsin

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Profitable Assisted Living, 60 Beds, 3 propertiesProfitable Assisted Living - 60 Beds, 3 properties
$4,000,000Cash Flow: $568,663Seller Financing
Profitable Assisted Living, 60 Beds, 3 propertiesProfitable Assisted Living - 60 Beds, 3 properties

Milwaukee, WI

This is your chance to own three 20-bed assisted living (CBRF) properties. The homes have a great reputation in the area. The team of almost 50 employees works well together across the three homes. The properties have strong occupancy and cashflow. This is a great way to enter the Assisted Living business that is growing every year. Training and financing available for the right buyers. These three properties are converted apartment buildings that serve a need in the community. Two of them are sprinklered and one has a waiver because of the cliental we serve. If you are thinking of owning your own business this is a great first step. With training and financing available these stabilized and cash-flowing properties will be attractive to banks and investors. You will receive a confidentiality agreement before receiving a detailed document with photos and financials about the offering. Owners are purchasing another business.

Growing Home Care Franchise with Established Referral NetworkOutstanding Home-Health Franchise Well Positioned for Growth
$349,000Cash Flow: $103,500
Growing Home Care Franchise with Established Referral NetworkOutstanding Home-Health Franchise Well Positioned for Growth

WI

Project Independence is a company offering non-medical in-home care and assisted living referral services. The Company operates in a protected, exclusive service area as the local affiliate of a well-known national franchise system. The Company's supportive home care services directly assist persons with activities of daily living (ADLs) to ensure adequate, safe functioning in their clients' homes. In addition, the Company provides placement in assisted living communities at no charge to the client, while receiving financial compensation from the communities. The current owners have spent the time since their acquisition transitioning from an active daily owner to an established absentee ownership model. This was done by focusing on 1) getting seasoned, passionate staff in place to stabilize the business, 2) establishing industry best practices and procedures, and 3) installing operational software. Project Independence has built strong relationships with area hospitals, social workers, senior communities, and senior resources across the communities, positioning the Company for future success. The Company has approximately 25 to 30 experienced, independent caregivers working part-time on an as-needed basis. The Company maintains its caregiver bench to support growth, which has led to low turnover among its caregivers at 20%, well below the industry average of 60%. The Home Care Provider industry revenue grew by 4.0% annually between 2012 and 2017, and is expected to increase to an average of 6.1% annually between 2017 and 2022. The industry is becoming one of the fastest growing healthcare industries in the United States. Home care saves patients billions of dollars every year by treating them in their own homes instead of in hospitals. The industry is growing due to strong demand from the aging population, a shift in patient preferences toward home care rather than institutionalized care and an increasing appreciation for the cost savings of home healthcare relative to hospital care. There is a growing preference for being treated in one's own home partly due to advances in medicine that are promoting independence among the elderly. The corporate franchise has a proven, successful training and support system that combines both corporate and local services. The owners have experience training and supporting new owners of the franchise, and are willing to use their years of experience to help in the transition of the business.


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