SW Florida ALF 40+beds on 4 acres. Built 1994-96, one ownership.
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SW Florida ALF 40+beds on 4 acres. Built 1994-96, one ownership.
*Principals Only. Please!
Beautiful & modern 44+bed Assisted Living Facility & Memory Care on 4 acres situated in a prime and quiet residential neighborhood. Established 30 years ago, under one ownership.Designed with a layout that feels less institutional, with large corridors, bedrooms, and common areas. Contains 34 bedrooms and 37 bathrooms. Many common areas, kitchens, activity rooms, sitting rooms, and much more. Currently at 85% occupancy, generating a monthly income of $179,511. Occupancy level may change at times, but historically & according to the owner, the yearly occupancy is around 95% to 98%.
There is a proposed building addition with a site plan for an additional 15,788 SF, adding 28 resident beds to the existing facility, for a total of 72 beds upon completion of the project. Any expansion is subject to local authorities' approval.
Beautiful & modern 44+bed Assisted Living Facility & Memory Care on 4 acres situated in a prime and quiet residential neighborhood. Established 30 years ago, under one ownership.Designed with a layout that feels less institutional, with large corridors, bedrooms, and common areas. Contains 34 bedrooms and 37 bathrooms. Many common areas, kitchens, activity rooms, sitting rooms, and much more. Currently at 85% occupancy, generating a monthly income of $179,511. Occupancy level may change at times, but historically & according to the owner, the yearly occupancy is around 95% to 98%.
There is a proposed building addition with a site plan for an additional 15,788 SF, adding 28 resident beds to the existing facility, for a total of 72 beds upon completion of the project. Any expansion is subject to local authorities' approval.
About the Business
- Years in Operation
- 30
- Employees
- 30 (18 Full-time, 12 Part-time)
Variuos categories: food, care givers, cleaners, maintenca, clerical, techs, et - Currently Home Based
- Yes
- Facilities & Assets
- Large building with 24,350 SF on 4 acres, with expansion possibilities. The building features a distinctive design and layout, comprising separate sections all contained within a single structure and under one roof.
All up to standards and code with the health department and the fire department. 14 paved parkings and many more on the grass. A fix and a portable generator with a 1,000-gallon tank for propane. Anther 1,000 gallon tannk for the gas stove in one of the kitchens. - Market Outlook / Competition
- The Southwest Florida market is experiencing strong demand due to a high concentration of residents over 75 with chronic conditions needing care. Offers strong, high-demand, and growing, driven by a large, aging demographic. Key market conditions include high demand for memory care, strict AHCA (Agency for Health Care Administration) compliance requirements, and a shift towards value-add properties that require operational or physical renovations.
- Opportunities for Growth
- The region continues to experience sustained growth in its elderly population, driven both by natural aging trends and a steady influx of retirees relocating from other states. This expanding demographic base strengthens long?term demand for high?acuity assisted living options. In this context, the proposed expansion of the existing facility is well?positioned to capture additional market share and generate meaningful revenue growth.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 24,350
About the Sale
- Seller Motivation
- Due to some health problems, the owners decided to retire after 30 years.
- Transition Support
- The owner will remain for 30 days after the closing to familiarize the new occupant with the business, including introductions to referral sources, employees, families, and residents.
- Financing Options
- An SBA Loan may be available under typical guidelines.
Listing Info
- ID
- 2459747
- Listing Views
- 18
Listing ID: 2459747 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.
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