DescriptionEstablished Assisted Living Operation - Central Wisconsin Portfolio
This well-established assisted living enterprise operates nine licensed residential facilities across Central Wisconsin, serving adults with developmental disabilities, mental illness, physical disabilities, traumatic brain injuries, and frail elderly populations. Founded in 2006, the organization has maintained continuous operations for nearly two decades, demonstrating consistent service delivery and regulatory compliance.
Operational Structure:
The business operates under a comprehensive licensing framework with 24/7 staffing by trained, licensed caregivers across all facilities. Management operates on an absentee ownership model, with licensed professional staff overseeing daily operations, creating a turnkey opportunity for prospective buyers.
Revenue Model:
Revenue is generated through direct payments from the Wisconsin Department of Health Services, providing a stable, government-backed payer source that minimizes collection risk and ensures predictable cash flow. This reimbursement structure offers significant operational stability compared to private-pay models.
Real Estate Portfolio:
The transaction includes substantial real estate assets comprising four fee-owned single-family homes, two fee-owned duplexes, and one fee-owned office building with attached patient living unit. Additionally, two residential units operate under lease agreements, providing operational flexibility.
Financial Performance:
Revenue: FY2023 $3.82M | FY2024 $3.60M | FY2025 $3.94M
EBITDA: FY2023 $830K | FY2024 $681K | FY2025 $645K
Key Value Propositions:
• Government-backed recurring revenue stream ensuring payment reliability
• Comprehensive real estate portfolio included in transaction
• Fully licensed and trained caregiver workforce in place
• Absentee ownership model with established management systems
• Nearly two decades of continuous operation and regulatory compliance
• Diversified client base across multiple care categories
This opportunity represents a rare combination of operational stability, government-backed revenue, and substantial real estate assets in the growing assisted living sector. The seller is divesting to pursue other business opportunities.