American Healthcare Capital is pleased to introduce an opportunity to purchase 2 Assisted Living Facilities with a total of 18 beds, located in Alaska. The properties are in pristine condition, and include 24-hour aide care, daily housekeeping, laundry services, medication management, meals, transportation coordination, and much more.
The company is licensed to service a total of 18 beds and accepts Medicaid and private pay. The payer breakdown is 40% Medicaid and 60% Private Pay. Gross revenues have been in the $1 Million range and they exceeded $1.1 Million in 2016 with an adjusted EBITDA of around $326,000. The facility has a 100% occupancy rate, with a waitlist.
All employees are expected to stay on under new ownership. The owners are looking to retire but would be willing to assist during a transitional period.
The seller is asking $2.5 Million for the business opportunity, including the real estate, which is based on a 12% cap rate.
If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.