The structure of your sale is a great question for your attorney and tax advisor. But, in our experience, most sales of assisted living facilities are sales of assets. What’s the difference? Buyers normally prefer to buy your assets, including your building, business, FF&E, and other things used to run your facility, rather than buying the stock of your corporation to take control of those assets. The primary reason for this is that when a buyer buys the stock of your corporation, they also normally get all of your liabilities and potential liabilities. In an asset sale, buyers get the pieces they need and nothing else.
Posted in: Seller FAQ