TX Residential Assisted Living Facility - Sale or Partnership

[Lance Lubke]

Fully licensed Residential Assisted Living Facility located in San Antonio, TX available for purchase or equity investor. Licensed for 6, the property can undergo a zoning change to accommodate 9 with 3 shared rooms and 3 private rooms for residents.  Full time care staff in place to assist residents with activities of daily living including meal prep, medication management and bathing.  Home was fully renovated in 2016 and opened its doors in November 2016.

Located in a city with 3 military bases and a large VA hospital, San Antonio is poised to benefit from the changing demographic of an aging population. SA metro area currently has 2.4m people and is home to major employers such as USAA, Rackspace, and the largest medical community serving central and south Texas. The home is located in an area of San Antonio where competition is limited.

Seller is open to a complete sale, including real estate, intellectual property, technology, furniture/fixtures, all necessary policies and procedures to truly take on a turnkey operation.  However, seller prefers a partnership opportunity where the existing management staff will stay on in some capacity.  Our team currently consists of the owner who manages the real estate, financials, and holds the license, a pharmacist, a hospice professional, a full time Facility Manager and a contracted Medical Director.

Asking price for full sale is $532,000.  Partnership opportunity negotiable, but target $200,000 for a 30-35% ownership position.   

Now is your chance to be a part of a growing business model but skip the yearlong development phase and leverage our work, knowledge and experience.  A true turnkey business operation with significant profit potential.

Please post or email with questions and Anita Ortiz Lubke will respond.