Newer 10-bedroom Assisted Living Home
Minnesota, US, ID 289542
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Description
Assisted living business opportunity in Hutchinson, Minnesota, operating from a leased 10-bedroom residential care property. The home is represented as suitable for an assisted living operation with capacity for up to 14 beds, subject to licensing and approval.
Property
- 10-bedroom assisted living home
- Potential capacity: up to 14 beds
- Real estate is leased
- Located in Hutchinson, Minnesota
Buyers should confirm the permitted bed count, lease terms, zoning, occupancy approvals and whether the property currently meets all requirements for assisted living use.
Franchise model
The business operates with support from an established franchise system. Training, operating procedures and ongoing support are represented as part of the model.
Continued use of the franchise brand and systems will be subject to franchisor approval and the applicable franchise agreement.
Investment
- Minimum stated startup investment: approximately $100,000
- Leased real estate rather than property ownership
The actual amount required may vary depending on licensing, staffing, furnishings, working capital, deposits, insurance and any property modifications required before opening.
Owner profile
The opportunity may suit buyers with backgrounds in nursing, assisted living management or other healthcare operations, although any required administrator or clinical credentials should be confirmed separately.
Market
The seller describes Hutchinson as a growing community with demand for senior care. Buyers should independently review local occupancy, competing facilities, reimbursement sources and referral patterns.
Buyer review
Buyers should verify franchise fees, royalties, marketing charges, training requirements, territory rights, lease obligations, staffing requirements and projected startup costs before proceeding.
Assisted living operations in Minnesota are subject to state licensing, staffing, background-check, resident-rights, medication-management, recordkeeping and facility requirements. Licenses and payer relationships should not be assumed to transfer automatically with the business.
Details
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