Established Assisted Living Facility for Sale in Northern Wisconsin

This licensed 15-bed Community-Based Residential Facility (CBRF) presents a prime chance to purchase a stable healthcare business with potential for growth. Currently, the facility serves 12 residents, with management intentionally limiting admissions to ensure quality care. Projections indicate that at a stabilized occupancy of 13-14 residents (85-93%), the Net Operating Income (NOI) could reach between $167,000 and $202,000, showcasing significant growth potential. Historical annual revenue has been between $470K and $520K. Financials have been adjusted to reflect market standards, including a competitive administrator salary and the exclusion of owner-specific costs. Services offered encompass assisted living, respite care, and memory care, with 24-hour supervision and medication management. The facility features a residential layout with secure outdoor spaces and an enclosed courtyard, ideal for memory care residents. Included in the sale are the operational business, the enhanced real estate, and an adjacent parcel for future expansion of beds or additional senior housing options. Situated in Northern Wisconsin, this facility benefits from favorable demographics, limited competition, and reliable referral networks from regional healthcare entities. This turnkey opportunity is well-suited for a proactive operator or provider looking to expand in a market with high demand. Potential enhancements include increasing occupancy rates, slight fee adjustments, and future growth initiatives. The seller is willing to assist with the transition and is open to a non-compete agreement.