Buy an Assisted Living Facility in Miami & South Florida
Guidance for buyers evaluating ALF businesses, real estate, or both.
We help buyers understand what is actually included in an ALF transaction, compare opportunities, review the real estate component and coordinate the steps needed to move toward closing.
What Are You Buying?
Some Assisted Living Facility transactions include only the operating business. Others include the real estate, and some include both. Before comparing asking prices, buyers should understand exactly what assets, leases, licenses, furniture, equipment and property interests are part of the transaction.
That distinction can materially affect financing, valuation, due diligence, insurance and long-term control of the facility location.
Key Questions Before Buying an ALF
Business or Real Estate?
Confirm whether the sale includes the operating business, the property, or both.
Lease Terms
If the property is leased, review the remaining term, renewal options, rent increases and assignment requirements.
Licensed Beds
Verify the represented bed count and applicable licensing information for the specific facility.
Financial Review
Review available revenue, operating expenses, payroll, occupancy and other records relevant to valuation.
Property Condition
Evaluate the physical property, improvements, maintenance needs and whether the location suits the intended operation.
Insurance Needs
Identify liability, property, workers’ compensation, auto or other coverage that may be needed for the operation.
How We Help Buyers
Carmona Real Estate Group can assist with identifying opportunities, reviewing the real estate side of the transaction, preparing and negotiating offers, and coordinating with the professionals involved in the closing process. When insurance is needed, Florida FairPrice Insurance can separately help evaluate available ALF insurance options.
Buyers should use appropriate legal, accounting, licensing and other professional advisors for matters outside the scope of real estate brokerage and insurance services.
Read our guide: Buying an ALF in Florida — Business, Real Estate or Both? →
Why You May Not See Every Opportunity Online
Many ALF and senior-care owners require confidentiality. The facility name, exact address, financial information and operating details may not be published to protect the seller, residents and staff.
Contact us directly and tell us what you are seeking. Available confidential opportunities may be discussed with qualified buyers under the appropriate confidentiality process.
Looking for an ALF to Buy?
Tell us your preferred area, budget, bed count and whether you want the business, the real estate, or both.