Nursing Home and Assisted Living Financial Projection Model

Produce detailed financial projections for investor meetings, loan submissions, and more using this Excel template that's fully customizable. It provides auto-generated 5-year financial statements, more than 20 charts depicting key metrics, and a video tutorial.

How it works?

Template price: $


  • 5 Year Projected Financial Statements
  • CPA Developed & Completely Customizable
  • Video Guide Included
  • Free Support & Projections Review
  • Compatible with Google Sheets

This assisted living facility pro forma template was built by our team who has helped more than 50,000 founders create financial projections.

Our easy-to-use nursing home template will generate lender-ready projections in just a couple hours.

Our CPA developed template enables you to create professional projections based on your unique assumptions.

Create investor- and lender-ready projections in hours, not days.

This CPA built spreadsheet template will guide you through generating your own customized financial projections for your assisted living facility.

How it works?

Watch a demo of the template

Save time & money - get organized with our template!

Get our assisted living financial projection template now for $99

The template price: $



100% money-back guarantee for 30 days!

 Revenue Projection Template Example

Step 1: Purchase and download the template

After purchase, you will download an unlocked Excel file with a ready-to-use financial projection template for your business model. You can also open the file to use in Google Sheets!

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Step 2: Enter your assumptions on the input tabs

Assisted Living Revenue Forecast

  • Every nursing home and assisted living facility can have different income models including the ability to forecast different room options, resident services, and amenities. This model is built around 8 different room categories, total room capacity, room vacancy, and specific cost associated with each room giving you the ability to accurately forecast revenue. This information is passed through directly to the financial statements automatically.

Plan Expenses for the Nursing Home Facility

  • Next, you'll input your overhead costs that are expected such as advertising, licenses, custodial, insurance, and more. The model comes with some pre-filled data so you have a good starting point. You'll also be able to set different expenses for the first 3 months in case there are startup only expenses.

Assisted Living General Assumptions

  • At the beginning of the assisted living template, you will provide general assumptions that will form the pro forma balance sheet output. Here you will enter large fixed assets, startup investment, loans, and more so the model can then do the work calculating the more complicated items like amortization, loan interest, and depreciation.

Assisted Living Facility Salaries And Distributions Spreadsheet

  • With the salaries and distributions section, you can calculate monthly expenses, such as employer taxes and benefits, for salaried employees. If you are planning for distributions to owners (dividends, owner draws), this model will help you calculate those distributions.

Step 3: The model is automatically updated based on your assumptions

At a Glance Tab

The at-a-glance tab kicks of the financial outputs by wrapping up the financial projection highlights into a nice summary including break even analysis, P&L summary, sales trajectories, use of funds, and more.

Assisted Living Financial Pro Forma Tabs

The Financial Statements tabs provide you with your financial statements in the following format: the annual formats of the income statement, cash flow statement, and balance sheet; and the monthly breakdowns of those same financial statements. You’ll find too, that our balance sheets automatically balance themselves.

Lender & Investor Friendly Reports

With this template, your basic inputs are utilized to create quality detailed financial pro-formas for your stakeholders.  The financial statements will be in a standard format that potential investors and lenders are accustomed to seeing.

 Income Projection Chart Example

Tables, charts, graphs and dashboards include:

Tables, charts, graphs and dashboards include:

  • Profit and loss table, at a glance
  • Startup costs graph
  • Industry ratios table
  • ​​Cash generation graph
  • ‍Monthly & Annual income statements, cash flow, and balance sheet reports for five years
  • Profit and loss at a glance table

  • Use of start-up funds graph

  • Key ratios table

  • ​Cash generated from operating activities graph

  • Investor dashboard

  • 5 years of monthly and annual income statement, cash flow and balance sheet reports

Step 4: If you need help, we're here

We can fill out or modify any of the templates we sell, and we’re always happy to answer questions.

When you call us, you can speak directly to the developers of the model, not a call center or customer service representative.

Contact us in the most convenient way for you. We're here to help you

If this template doesn't work for you, check out our home healthcare pro forma template, or otherwise we will provide a full refund.

Questions? Get in touch.
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What ProjectionHub Customers Think

The cost of the template is estimated at $ 2000

If you hired a CPA to build this template from scratch it would take at least 20 hours of billable time to build a similar template. At an average hourly rate of $100 per hour it would cost you $2,000.

20 hours X $100 = $2,000 value

But we've already done all the work and you don't need to hire a CPA

Save time & money - get organized with our template!

Get our assisted living financial projection template now for $99

The template price: $



100% money-back guarantee for 30 days

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Our Projection Protection Guarantee

Love it or Swap it
If the template you purchase is not the perfect fit, our team will help recommend the right template and swap your template for no extra charge. You can rest assured we'll make sure you are using the right template.
Expert Review
After you fill out your template, you can upload your projections to our team where we will do a complete review and then send you a custom video recording of us providing feedback so you can feel confident your projections are investor & lender ready.
See How
Help as You Go
Our team will be standing by so you can get help as you fill out your projection template. Through email and custom video recordings, we will make sure you understand how to complete your projections.
See How

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The ProjectionHub Team

Grace Cisna, CPA

Before joining ProjectionHub, Grace served as an auditor for a public accounting firm in Indianapolis. There, she audited start-up tech companies, major regional hospitals, public manufacturers and everything in between.

As an auditor, she gained insight to the inner workings of all kinds of business models. Grace is a CPA, has a bachelor’s degrees in Accounting and French and a Master’s of Accountancy all from the University of Iowa, where she also taught introductory accounting classes to undergraduates.

Grace loves to use her accounting expertise to serve as an advisor to her clients, helping them understand what it takes to make a business succeed.

Adam Hoeksema — Co-founder ProjectionHub

Adam is the co-founder of ProjectionHub which is a SaaS web application that helps entrepreneurs create financial projections for their business.

Since 2012, over 40,000 entrepreneurs from around the world have used ProjectionHub to help create financial projections.

Adam also serves as the Executive Director of Bankable. Bankable is a Small Business Administration (SBA) lender that makes loans from $500 to $250,000 to Indiana small businesses that are unable to secure financing from a traditional bank.

Adam has managed the loan program since loan #1 in 2010. Since 2010, Bankable has closed over 1,200 loans totaling over $38,000,000. Adam is an entrepreneur at heart and loves working with entrepreneurs to launch and grow their business.

We are available to help you complete your projections


We'll answer your questions about how the template works


We can help you customize your template, add revenue models, expenses or custom charts, tables and graphs -> with our financial modeling services

Frequently Asked Questions

How is most assisted living care usually paid for? 

The most common way to pay for a retirement home or assisted living facility is through the private wealth or income of the resident and their family. Through a lifetime of saving and liquidating assets to pay for monthly care. Residents can also us long term care insurance, VA benefits, Medicaid for lower income individuals, medicare for short term stays, and life insurance cash out policies.

Where do most assisted living referrals come from?

The largest source of leads for residents comes from existing residents, friends and family of residents, and professional service providers like hospitals, physicians, attorneys, and wealth counselors. Next, paid advertising is the next highest source of leads.

How much does it cost to start an assisted living facility? 

It is estimated that a facility will cost between $100,000 and $150,000 per bed with a typical amount of beds being around 80. Cost will increase based upon additional amenities included and staff necessary to open.