HealthcareVerified Seller
24-Bed Assisted Living Facility in Manton, MI - $2.85M - Turnkey Investment Opportunity
Manton, Michigan
Asking Price$2,850,000
Annual Revenue$1,500,000
EBITDA / Cash FlowUpon Request
Executive Overview
Discover an exceptional investment opportunity with this well-established and highly respected 24-bed assisted living facility in Manton, MI. Priced at $2,850,000, this turnkey operation promises a seamless transition and immediate equity for new owners.
Key Investment Highlights
- •Family-owned and operated since 2015
- •Consistently fully occupied with a waitlist
- •Fully furnished and operational with experienced staff
- •Includes real estate, business incorporation, and state licensing transfer
- •Professionally appraised at over $3 million
This facility has a stellar reputation in the area, having served the community for nearly a decade. Operating as two licensed 12-bed facilities, it has developed a loyal clientele, ensuring minimal vacancies. The property comes fully furnished and employs a dedicated team of 20, making it a seamless investment for a new owner.
Full financials are available upon signing a non-disclosure agreement. The asking price includes the real estate, business incorporation, and necessary state licensing transfers, along with state financial contracts. This below-appraisal listing ensures instant equity and is priced for a quick sale.