ID#022864   Approximate Beds/Units:  30    Location:  Near Grand Rapids

Another firm is pleased to introduce a beautiful building with a state-of-the-art design. This is a 30-bed facility that has room to grow by $1000 per bed to stay with going rates locally. The facility is fully remodeled and a new addition with two licenses. There is a new steel roof on it and it is in immaculate condition with a new outside courtyard and pergola. The facility has a great reputation, a waiting list, and long-term staff. It is turn-key ready with great cash flow. This is a once-in-a-lifetime opportunity. This is the only memory center in town that has secured doors. It is a top-rated assisted living center with a full waiting list. It has a very active FB and website. The owner is looking to increase the monthly rate for all residents by $250/month with a cost of living increase which will increase revenue by almost $100,000/year which is all profit. The seller will stay on board for the first 90 days, and then be available by phone to help oversee the first year. It is a very profitable and beautiful center with a top-notch reputation. The center, staff, and residents are all amazing! This business is located just outside of Grand Rapids, MI.

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Grand Rapids $8.5M – ID#022864

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