Profile: Intermediate Care Facilities - 8 Locations With R.E.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$5,658,000 |
| Down Payment: |
Negotiable |
| Annual Revenue: |
$3,700,000 |
| Annual Adjusted Net: |
$507,000 |
| Price Range: |
Over $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
Call |
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Description:
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Licensed Long Term Intermediate Care Facilities(Icf's) For Developmentally Disabled Adults That Provide Residential Care In Local Communities Throughout Northern California. Facilities Are Regulated By California Department Of Public Health And Services Are Paid By Medi-Cal. Facilities Are 100% Occupied And Patients Are Placed By State Regional Agencies. (7) Facilities With Real Estate Which Were Appraised In August Of 2007 At 3.26M, (1) Facility Without Real Estate. This Business Will Not Be Affected By State Budget Cuts And Has A Consistent Reliable Income. Each Facility Has An Onsite Manager And The Owner Acts As A General Manager Of Business Operations. Services Include Residential Care, Specialized Contracts, Transportation Services And Shared Cost Programs. Fee For Services Based Business With No Marketing Or Sales Expense. Company Has An Excellent Reputation And Is The Leading Service Provider In The Region. Owner Will Stay On As Consultant For Negotiated Period To Assist New Owner. Potential For SBA Financing For Qualified Buyer. Facilities Are Not Available On An Individual Basis. Business Only 2.4M, With RE 5.658M.
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