Assisted Living Facility with Significant Growth Potential in Wisconsin

This well-established Community-Based Residential Facility (CBRF) features 15 licensed beds and presents a unique chance to take over a stable healthcare venture with immediate growth opportunities. Currently, the facility serves 10-12 residents, with management deliberately limiting admissions to ensure high-quality care and balance other business responsibilities. Projections indicate that with a stabilized resident count of 13-14 (85-93% occupancy), the facility could generate a Net Operating Income (NOI) between $167,000 and $202,000, highlighting potential growth from its current operations. Historical annual revenues have fluctuated between $470K and $520K. Financials have been adjusted to reflect standard operational practices, including a competitive administrator salary and the exclusion of owner-related costs. Services offered encompass assisted living, respite care, and memory care, with 24-hour supervision, medication management, and daily living support. The property is designed with a residential feel, featuring secure outdoor spaces and an enclosed courtyard ideal for memory care residents. The sale includes the operating business, improved property, and an adjacent lot that offers expansion possibilities for additional beds or other senior housing options. Situated in Northern Wisconsin, the facility benefits from favorable demographics, minimal local competition, and reliable referral sources from regional healthcare providers and managed care organizations. This is a turnkey, high-margin opportunity for an active operator or regional provider looking to expand in a market with limited supply. Opportunities for value enhancement include increasing occupancy rates, making slight rate adjustments, and future expansions. The seller is willing to assist during the transition and is open to a non-compete agreement.