Memory Care and Assisted Living Communities
Business Description
Description:
The Company has established itself as a leader in senior living community management. Founded with a commitment to quality care, the Company provides a comprehensive range of services including memory care, retirement living, and assisted living. The Company offers 24/7 care and excels in a niche segment of the senior living market, recognized for its specialized services and dedication to the well-being of its residents, across the Company's six communities.
Key Aspects:
• Strong Operating History: The Company has provided quality care and housing for over 30 years with an experienced executive team with over 95 years of experience in the healthcare industry
• High Occupancy Rate: As of October 11, 2024, the Company's six communities have an average occupancy of 89.3%
• Expert Staff: The Company has teams of well-trained staff and nurses available 24/7 to assist residents
• Strategic Locations: Multiple communities are strategically located near hospitals to provide additional medical support if necessary
Opportunities:
• Geographic Expansion: Pursue further expansion geographically into the nearby regions throughout the Western U.S.
• Outreach Efforts: Increase regional marketing efforts and outreach events to better reach potential residents
• Additional Services: Expand service offering to include at-home services to assist the elderly from their homes
Headquartered:
• Western, US
Current Markets:
• The Company primarily serves senior residents in independent, assisted living, and memory care communities across the Western US.
Real Estate:
• The Company operates from a corporate office location and six retirement home communities, across the Western US. The office is approximately 2,000 sq. ft. and is leased month-to-month. The six communities have a combined 271,922 sq. ft. and have long-term leases in place. All facilities are leased from unrelated third parties with leases that are assumable post-sale.
Shareholder Ownership:
• The Company has numerous legal entities that are fully owned by four shareholders. Three shareholders have active roles and are seeking to prepare for retirement; one of the three shareholders would consider remaining with the Company post-sale. One shareholder is not active in the Company and seeks to financially de-risk.
The Company has established itself as a leader in senior living community management. Founded with a commitment to quality care, the Company provides a comprehensive range of services including memory care, retirement living, and assisted living. The Company offers 24/7 care and excels in a niche segment of the senior living market, recognized for its specialized services and dedication to the well-being of its residents, across the Company's six communities.
Key Aspects:
• Strong Operating History: The Company has provided quality care and housing for over 30 years with an experienced executive team with over 95 years of experience in the healthcare industry
• High Occupancy Rate: As of October 11, 2024, the Company's six communities have an average occupancy of 89.3%
• Expert Staff: The Company has teams of well-trained staff and nurses available 24/7 to assist residents
• Strategic Locations: Multiple communities are strategically located near hospitals to provide additional medical support if necessary
Opportunities:
• Geographic Expansion: Pursue further expansion geographically into the nearby regions throughout the Western U.S.
• Outreach Efforts: Increase regional marketing efforts and outreach events to better reach potential residents
• Additional Services: Expand service offering to include at-home services to assist the elderly from their homes
Headquartered:
• Western, US
Current Markets:
• The Company primarily serves senior residents in independent, assisted living, and memory care communities across the Western US.
Real Estate:
• The Company operates from a corporate office location and six retirement home communities, across the Western US. The office is approximately 2,000 sq. ft. and is leased month-to-month. The six communities have a combined 271,922 sq. ft. and have long-term leases in place. All facilities are leased from unrelated third parties with leases that are assumable post-sale.
Shareholder Ownership:
• The Company has numerous legal entities that are fully owned by four shareholders. Three shareholders have active roles and are seeking to prepare for retirement; one of the three shareholders would consider remaining with the Company post-sale. One shareholder is not active in the Company and seeks to financially de-risk.
Listing Info
- ID
- 2411137
- Listing Views
- 7
Attached DocumentsAttachment Disclaimer
Teaser_v_3_Memory_Care_and_Assisted_Living_Communities_BN000056458.pdf
Listing ID: 2411137 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.