13+/- Beds Established Memory Care Northern Illinois
Business Description
KW Commercial and My ALF Consultant are pleased to offer for sale a well-established, family-owned assisted living and memory care facility, licensed for up to 14 beds across 12 units. This facility is part of a portfolio of three properties owned by the same company, with the owner looking to retire and downsize by selling each facility individually or as a portfolio. Operating consistently since 1993, the facility maintains high occupancy with dedicated staff and management, including a nurse on staff seven days a week and a house manager. Located in a peaceful residential community near a town center, the facility provides a cozy, home-like environment in a rural suburban setting.
The facility stands out as the only small-scale assisted living option in its market, competing with a single larger, more institutional facility. Its intimate setting, with a low resident-to-staff ratio across its 8 units, allows residents to age in place while receiving personalized care for memory loss disorders, such as Alzheimer’s. The warm interior, featuring soft colors, fireplaces, and sunrooms, fosters a sense of family and comfort. The specialized memory care unit provides a secure, holistic care approach, enhancing residents’ dignity and independence through tailored activities and 24-hour support, making it a preferred choice for seniors seeking a non-corporate atmosphere.
Financially, the facility offers a strong investment opportunity in the essential senior care industry. In 2024, it generated a Net Seller’s Discretionary Income of $110,974.65, yielding a capitalization rate of 13.81%. Buyers with healthcare experience may qualify for a Small Business Administration loan, requiring as little as 10% down payment, or approximately $80,000, to acquire both the real estate and a thriving business. This sale presents a unique opportunity to invest in a well-run facility with a proven track record in a growing market.
The facility stands out as the only small-scale assisted living option in its market, competing with a single larger, more institutional facility. Its intimate setting, with a low resident-to-staff ratio across its 8 units, allows residents to age in place while receiving personalized care for memory loss disorders, such as Alzheimer’s. The warm interior, featuring soft colors, fireplaces, and sunrooms, fosters a sense of family and comfort. The specialized memory care unit provides a secure, holistic care approach, enhancing residents’ dignity and independence through tailored activities and 24-hour support, making it a preferred choice for seniors seeking a non-corporate atmosphere.
Financially, the facility offers a strong investment opportunity in the essential senior care industry. In 2024, it generated a Net Seller’s Discretionary Income of $110,974.65, yielding a capitalization rate of 13.81%. Buyers with healthcare experience may qualify for a Small Business Administration loan, requiring as little as 10% down payment, or approximately $80,000, to acquire both the real estate and a thriving business. This sale presents a unique opportunity to invest in a well-run facility with a proven track record in a growing market.
About the Business
- Market Outlook / Competition
- Very few competitors in the market
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 2,992
About the Sale
- Seller Motivation
- Owner ready to retire
- Transition Support
- Transition training and support
Listing Info
- ID
- 2421865
- Listing Views
Listing ID: 2421865 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleIllinois Businesses for SaleIllinois Health & Medical Businesses for SaleIllinois Long-Term Care & Assisted Living Facilities Businesses for Sale