OFFERING
VR Business Brokers, Mergers and Acquisitions is pleased to introduce a 35-unit and 40-bed Assisted Living Facility in East Central Minnesota. The Company’s financial performance reflects the business’ occupancy increase and steady operations along with positive trajectory and ongoing reputation. The owner has a reliable key staff in-place and is poised for continued growth in the rapidly expanding assisted living market.
Resident Occupancy(%) & Daily Rate per Resident
Private 3%, $160
CADI 64%, $200
EW 31%, $155
BI NF DIV 3%, $220
INDUSTRY TRENDS (1)
• Projected Strong Growth in Demand. Over the next two decades, the population of adults over 85 will more than double to exceed 14.4 million people. Depending on when the bulk of the elderly population enters the skilled nursing care system, the swell in demand could exceed space available.
• Sales for the US nursing homes and assisted living companies’ industry are forecast to grow at a 5.06% compounded annual rate from 2019 to 2025. Growth rate is faster than the growth of the overall economy, at 3.6%.
• Federal Funding Proposed for Home, Community-based Care. President Biden has made a proposal to spend $400 billion over eight years on home and community-based services as part of his $2 trillion infrastructure plan
• Business Exit Rate much lower than US Average for all businesses. For assisted livings and nursing homes, the rating is 1.5, while the national average for all industries is 9 which indicates a SOUND investment.
(1) Vertical IQ
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