OWN A TURNKEY, PRIVATE-PAY MEMORY CARE ASSISTED LIVING FACILITY
Listing Number: 76931-336246
Listing Details
OWN A TURNKEY, PRIVATE-PAY MEMORY CARE ASSISTED LIVING FACILITY
Price: $1,910,000
Location: Galveston County, Texas
- Down Payment: $1,910,000
- Sales: $827,541
- Seller's Discretionary Earnings: $204,939
- Inventory: $0
- Furniture, Fixtures, and Equipment: $125,000
- Employees:
- Year Established:
- Reason for Selling: Leaving the industry
For More Information About This Listing
Business Description
The Company is a licensed, eight (8) bed Type B Assisted Living Facility with an Alzheimer's/dementia (memory care) certification, located in a residential neighborhood within the greater Houston, Texas metro area. The Company is a private-pay-only, age-in-place memory care residence operating out of a fully renovated, single-story home of approximately 4,300 square feet on just over 0.8 acres — a distinctive, neighborhood-based setting that differentiates it from institutional competitors and is a genuine draw for families evaluating care options. In addition to the eight (8) bed license, the Company has three additional rooms that can be used for respite care (60-day care).
The Company is being offered for sale together with the underlying real estate. The business generated $827,541 in gross revenue in the 2025 tax year, up from $784,762 in 2024 and $774,027 in 2023, and carries no outstanding business debt, no accounts receivable, and no third-party payor contracts — all residents are private pay.
The current owners are selling in order to retire – they are currently primarily absentee. The Company's full-time Director/Manager is willing to remain with the business following a sale, providing valuable continuity for a new owner and substantially reducing key-person transition risk. In addition, the Company has an experienced, tenured caregiving team already in place. The sellers are willing to provide an extended, largely remote transition.
This is a compelling acquisition for an existing assisted living operator seeking to add a well-run, high-demand memory care facility to its portfolio, an individual investor/operator seeking a turnkey healthcare real estate business, or a licensed administrator ready to step into ownership of an established, reputable facility with room to grow occupancy and rates.
The Company is being offered for sale together with the underlying real estate. The business generated $827,541 in gross revenue in the 2025 tax year, up from $784,762 in 2024 and $774,027 in 2023, and carries no outstanding business debt, no accounts receivable, and no third-party payor contracts — all residents are private pay.
The current owners are selling in order to retire – they are currently primarily absentee. The Company's full-time Director/Manager is willing to remain with the business following a sale, providing valuable continuity for a new owner and substantially reducing key-person transition risk. In addition, the Company has an experienced, tenured caregiving team already in place. The sellers are willing to provide an extended, largely remote transition.
This is a compelling acquisition for an existing assisted living operator seeking to add a well-run, high-demand memory care facility to its portfolio, an individual investor/operator seeking a turnkey healthcare real estate business, or a licensed administrator ready to step into ownership of an established, reputable facility with room to grow occupancy and rates.
