Looking for an Assisted Living Facility for sale in Orlando or Central Florida? Buyers should evaluate the operating business, real estate, lease terms, licensed bed count, property condition, financial performance, insurance needs and local requirements before making an offer.
Business, Real Estate or Both?
Some ALF transactions include only the operating business. Others include the property, and some include both. Buyers should determine exactly what is included before comparing asking prices.
Orlando and Central Florida Due Diligence
Every property should be researched based on its exact address and jurisdiction. Orlando, Kissimmee, Winter Park, Altamonte Springs, Sanford, Clermont and other Central Florida markets can have different local zoning, permitting, property and use requirements.
Use our ALF Due Diligence Checklist before you close.
6-Bed vs. Larger ALF
Bed count can affect revenue potential, staffing, management complexity, property needs and insurance. Buyers should compare the complete operation rather than bed count alone.
Compare 6-bed and 12-bed ALF operations.
Review the Financials
Review available revenue, operating expenses, payroll, occupancy, resident rates, rent or mortgage expense, insurance, utilities and other recurring costs. Gross revenue alone does not determine value.
Insurance Should Be Reviewed Early
Depending on the facility, insurance may include General Liability, Professional Liability, Property Insurance, Workers Compensation, Commercial Auto and specialized endorsements. Coverage availability, limits and pricing vary by carrier and facility.
Explore ALF insurance options in Florida.
Thinking About Selling an ALF in Orlando?
Owners should understand whether they are selling the business, the real estate or both, and what commission structure applies to the transaction.
Read: Before You Pay 6% Commission, Do the Math.
Looking for an ALF in Orlando or Central Florida?
Tell us your preferred area, budget, desired number of beds and whether you want the business, the real estate or both.
Tell us what type of Central Florida ALF you are looking for.