Confidential offering of a 50-bed skilled nursing facility (SNF) in Northern New Jersey with stable census and consistent operating performance. FY2024 revenue of ~$5.2M with ~$600k EBITDA (seller-normalized SDE ~$780k). Current occupancy averages ~92% with a diversified payer mix (Medicaid ~65%, Medicare ~25%, managed/other ~10%). The facility holds an active NJ DOH license and Medicare/Medicaid certification; policies/SOPs, QA/PI, infection control, life-safety, emergency preparedness, and pharmacy/consultant pharmacist relationships are in place.
Operations include two nursing wings, on-site dining, activities, therapy/rehab space, and EMR-supported documentation. Staffing model includes RN/LPN coverage, CNA ratios aligned with census, and experienced leadership in DON/Administrator roles. Recent capex includes nurse call upgrades, flooring refresh in common areas, and selective room renovations.
Real Estate is held by a related entity under a long-term NNN lease (current rent $47.5k/mo, 3% annual increases) with options and an option to purchase the property at appraised value. Buyer should be ready, willing, and able to satisfy NJ licensure/change-of-ownership requirements, maintain regulatory compliance, and demonstrate financial capacity for acquisition and operations. Seller will provide a structured transition period to ensure continuity of care, staff retention, and referral relationships.
Next Steps: Qualified buyers may request the CIM and diligence package upon NDA, identity verification, and proof of funds sufficient for down payment or cash purchase.
