14 (+/-) Licensed Beds with 20 Beds Zoning Approval
Asking Price: | $1,600,000 |
Gross Revenue: | $840,000 |
Real Estate: | $1,500,000 |
Cash Flow: | $370,000 |
FF&E: | $75,000 |
Established Year: | 2016 |
My ALF Consultant exclusively offers an Assisted Living Facility Near Jacksonville, Florida
Property and Business Included in the Sale
Currently operating as a profitable and active Assisted Living Facility (ALF), this property generated over $550,000 in revenue for the year ending 2024. With a recent capacity increase approved in January 2025, revenues are projected to grow even further in 2025.
The offering includes the ALF business and multiple buildings on the same lot, which is zoned to accommodate up to 20 residents if all buildings are utilized. The additional structure on the property provides flexibility and can be used to add six licensed beds (subject to approvals), function as a standalone Independent Living facility, or serve as housing for owners or staff.
The main building is bright and spacious, featuring a large dining area and generous common spaces. Most bedrooms are designed to accommodate double occupancy. The facility provides a home-like atmosphere, often described as Residential Assisted Living, which allows operators to focus on personalized care and foster meaningful connections with residents in a smaller, community-focused setting.
The property has undergone extensive renovations over the past few years, including new floors, fresh interior and exterior paint, an upgraded fire alarm system, and a sprinkler system. The owners have also invested in new furniture, fixtures, and business equipment to support smooth operations and ensure a modern and comfortable environment for residents.
The facility is now licensed for 14 PLUS/MINUS residents and can further have a capacity increase to 20 licensed beds, subject to approvals.
This offering presents a tremendous opportunity for buyers looking to enter the assisted living industry. Ideal buyers would live nearby to maintain and build on the facility’s strong performance.
This facility is SBA eligible, allowing buyers with healthcare experience to qualify for financing with as little as 15% to 20% down payment.
Buyer to independently verify the possibility of utilizing the additional structure as Independent Living or ALF with the authorities before the expiration of the due diligence period.
An actual number of beds, property info, address, financials, proformas, photos, and other relevant information are to be disclosed after the NDA is signed.
Prior to closing, the buyer is to verify all permits, approvals, regulations, allowed use, parking, financials, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, capacity increase, number of licensed beds, proformas, FF&E valuation, and all other factors pertaining to using these parcel(s) and building(s) for the buyer's intended use. Provided in this ad is a proforma based on the 2023 P&L with add-backs plus additional projected income due to recently increased capacity. Buyer(s) to independently verify all financials, pro-forma figures, and add-back validity with their financials advisor/CPA.