Assisted Care
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1000000
Net Profit / Cash Flow $400000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1985
Number of Employees 10 - 19
Inventory 200000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training 30 days.
Reason for Sale Relocation.
Description Former 58 Bed Licensed Full Skilled Care converted to look like resort Hotel. Currently with Ten long term residents and Ten rehab residents. Gross about a million with net close to 40%. Looking for partner to expand facility and customer base or will sell outright and I will relocate. The facility will appraise at One Million Seven Hundred Thousand but price reduced by One Million to an absolute steal at $700,000. Facility 17,000 square feet, 36 bedrooms, Restaurant, Gym, Great Room, Meeting rooms and conference rooms. Building can be leased based on occupancy of $10,000 per month for Ten residents or $5,000 per month minimum while you build your business. Contact for more information on this Assisted Care business for sale.
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