Company Overview

PRIME exits® and American HealthCare Capital are pleased to exclusively introduce two premier memory care facilities for sale in the northeast. Together, the properties offer 110 licensed beds and consistently maintain full occupancy with wait lists. Both are known for exceptional care, award-winning programs, and strong community referral networks, creating a rare opportunity to acquire fully stabilized, high-demand facilities in a growing market.

Facility Description

The first location is a 60-bed community that serves both private-pay residents (50%) and state-funded residents (50%). The facility specializes in memory care, residential care, respite stays, and adult day programs. Residents benefit from onsite 24/7 licensed nursing, a medical director, and weekly visits from a geriatric psychiatrist, dietitian, and social worker. Flexible, all-inclusive month-to-month pricing ensures families can access services without long-term contracts or unexpected rent increases.

The second location is a state-of-the-art memory care community. The facility accommodates 50 private-pay residents in a warm, home-like environment that encourages independence, privacy, and choice. Each unit offers intimate living spaces, family-style kitchens, and secure outdoor courtyards with heated floors for year-round enjoyment.

Financial Overview

The two facilities have shown consistent growth in revenue and profitability over the past four years. Combined, they generated $12.74 million in gross revenue in 2022, which grew to $13.94 million in 2023, $15.67 million in 2024, and is estimated at $17.11 million for 2025. Adjusted EBITDA increased consistently from $2.48 million in 2022 to $3.08 million in 2023, $4.43 million (28%) in 2024, and is estimated at $6.19 million (36%) in 2025. Annual growth rates reflect solid expansion, particularly in recent years.

Overall, the facilities have demonstrated strong momentum with growing revenue streams and improving EBITDA margins. The combined adjusted EBITDA growth of over 149% from 2022 to the 2025 estimate highlights effective operational management and strong expense control.

Growth Opportunities

Growth opportunities include expanding private-pay services, implementing rate adjustments to align with strong demand, adding adult day and respite care programs, and leveraging brand recognition to enter new markets. The company also holds licensure for 32 additional beds, which could be readily developed on the existing facility and land.

Staff Overview and Exit Plan

Both facilities are supported by a highly experienced, dedicated workforce expected to remain after the transition. While the owners are open to negotiating post-sale involvement, their goal is to move on while ensuring a smooth transition to new ownership.

Asking Price

The asking price for this opportunity is $44.9 million, which includes the real estate. It does not include cash, receivables, or working capital. Acceptance of any Letter of Intent will be contingent upon receipt of proof of funds.