Adult Residential Facility For Sale
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $400000
Net Profit / Cash Flow $180000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1977
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training 4 weeks at 20 hours per week following close of escrow
Reason for Sale Retired
Description Adult Residential Facility. Operating, licensed 24 beds. (A.R.F), M.I. & DD facility. Consist of large main building plus four cottages. Comprised of 5 older Spanish style architecture homes on large corner lot in Ventura County. 98% occupancy in the homes. Highly respected facility with no competition. Family owned and operated. Currently there are 22 residences. Grossing $35K per month with a net of approx. $15,500 monthly. $2,050,000 business and Real Estate. Owner will carry the financing with 20% down for ten years. Van included in sale price. For more information, please email or contact Abe Serrano at 818-200-8067.
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