3109 Turnkey Assisted Living Facility in Northern WI

This established 15-bed licensed Community-Based Residential Facility (CBRF) offers a compelling opportunity to acquire a stable, needs-based healthcare business with immediate upside. The facility currently operates at 12 residents, with ownership intentionally moderating admissions to maintain care quality and manage other business commitments.

At a stabilized census of 13–14 residents (85–93% occupancy), recast financials project Net Operating Income (NOI) of approximately $167,000 to $202,000, representing significant upside from current operations. Historical revenue has ranged from $470K to $520K annually. Financials have been normalized to reflect arm’s-length operations, including a market-based administrator salary and removal of owner-related expenses.

The business provides assisted living, respite care, and memory care services, including 24-hour supervision, medication management, and activities of daily living support. The property features a residential-style layout with secure outdoor areas and an enclosed courtyard, well-suited for memory care residents.

The offering includes the operating business, the improved real estate, and an adjacent parcel with expansion potential for additional beds, memory care, or other senior housing formats. Located in Northern Wisconsin, the facility benefits from strong demographic tailwinds, limited local competition, and consistent referral sources including regional healthcare providers and managed care organizations.

This is a turnkey, high-margin opportunity ideal for a hands-on operator or regional provider seeking expansion into a supply-constrained market. Clear value-add opportunities include increasing occupancy, modest rate adjustments, and future expansion.

Seller will provide transition support and is open to a non-compete agreement.