PENDING - 20-Bed Assisted Living Home with Real Estate

Listing Price: $449,999

 Listing Type: Pharmacy & Labs, Medical, Senior Care

  • Asking Price: $449,999
  • Gross Revenue: $232,958
  • FF&E: Included in listing price
  • Inventory: Included in listing price
  • Rent: N/A
  • Established: 1993

Business Description

Adult Group Home – Includes Property – Great Opportunity!

This licensed 20-bed assisted living home comes with the real estate included! It provides full-time care for seniors and adults who need help with daily living or memory care. This licensed adult foster care facility offers full-time care to seniors and adults who require assistance with daily living, memory care, and supervision. Includes a fully operational fire sprinkler system. Services include help with bathing, dressing, meals, medication, and more — all in a warm, home-like setting. Staff is on duty 24/7, and the home is fully furnished with private and shared rooms, common areas, and outdoor space.

The property is fully furnished and includes private and shared rooms, cozy common areas, outdoor space, and a working fire sprinkler system. Staff is on-site 24/7 to support residents and ensure safety.

The current owner is retiring and hasn’t been very involved lately, so the home could use some TLC. It’s a great opportunity for a new owner to step in, make updates, and put their personal touch on the space. The facility is fully licensed, allowing you to commence operations immediately.

The sale includes the licensed business and property, but the current business name and branding are not included — giving you the chance to launch under your own name or brand.

This is a fantastic chance to own a meaningful business with long-term growth potential.

Detailed Information

Location: Lenawee County, MI

Real Estate: Included in listing price

Building SF: 5500

Employees: 5FTPT

Facilities: Fully operational 20-bed adult foster care home. Includes private and shared rooms, bathrooms, kitchen, dining room, staff office, and outdoor space. Comes fully furnished with all fixtures, equipment, and supplies.

Competition: Steady demand for care in rural SE Michigan. Limited local competition. Opportunity to stand out by rebranding, targeting private-pay clients, and expanding specialized services.

Growth & Expansion: Opportunity to increase occupancy, raise private-pay rates, expand memory care services, and rebrand under a new name. Potential to add adult day-care or respite care programs for additional revenue.

Seller Financing Available: No

Financing: Cash Due at Closing

Support & Training: The owner is willing to assist during the transition period.

Reason for Selling: Retirement

  • Listing ID: 55382
  • BizBuySell ID: 2416993
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