|
Assisted Living & RCFE - Two Locations
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $487668
Net Profit / Cash Flow $160000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 1 - 3
Inventory 500000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Seller will provide training
Reason for Sale Family concerns
Description These, 2 Profitable, Private PAY, Residential Board & Care Facilities for Elderly (RCFE) & assisted living, specializing in ALZHEIMER'S & DEMENTIA'S, are located in upscale residential neighborhoods in West Hollywood and Los Angeles. They are turn-key, golden business opportunities and are offered for sale for the first time after being in business for 17 years, with OR without Real Estate. The seller, who owns these 2 properties, prefers to sell them with the business but will consider a lease option!
These private PAY residential care facilities, are fully licensed by the State of California, for 12 and 6 beds facilities, for ambulatory and non-ambulatory elderly . These 2 properties were converted and fully upgraded in to RCFE, with handicap accessibility & other requirements and are up to State Of California code. These facilities offer a homey environment with beautiful grounds, gardens, flowers, and trees to private pay seniors, who are require different levels of care, depending on their needs.
The current staff includes 2 administrators, one of which is the owner, 6 caregivers, and one driver. They are all committed to providing quality, 24 hour care, nutritious home cooked hot meals, monitoring and assisting with medication, social, mental and fitness stimulation, transportation to and from medical and dental appointments, daily housekeeping, laundry services, and much more.
This profitable business opportunity is suitable either for an investor, who is looking for passive income or someone already in RCFE industry, who would like to expand, or a husband/wife team, to work and live on the premises. The asking price for 2 locations is $550,000 (businesses only), with 2011 gross annual receipts of $487,668 and net cash flow (SDE) of $160,000 (including owner/administrator salary of $72K).
Click Here To Contact Seller
|
|
