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Residential Assisted Living Homes
Two licensed residential assisted living homes north of Atlanta, sold with the real estate, running fully private-pay with room to add six more residents inside the existing building.
Business Highlights
- Two fully licensed residential care homes, with the real estate included in the sale
- Capacity for up to six additional residents within the existing 3,418 sq ft
- Trained caregiving staff on site around the clock with established care protocols
- 100% private pay, with no insurance or government payor dependency
- Seven years of consistent operating history
Considerations / Questions to Ask
- The Personal Care Licence is the business. Confirm exactly how it transfers and how long that takes.
- Six empty beds is the whole growth case. Why are they empty, and does staffing or licensing cap the count?
- Revenue is modest against two homes plus real estate. How is the property valued inside the deal?
- Private pay means no payor floor. What is average length of stay, and how quickly do vacancies refill?
- Caregiver turnover is the standing risk in this category. What is it here, and what do wages look like against local market?
Opportunities
- Six more residents inside walls that are already built and already staffed is close to pure margin
- Private pay avoids reimbursement rate risk entirely, which is the usual pressure in senior care
- Owning the real estate turns an operating cost into equity
- North Atlanta demographics point one direction for demand over the next two decades