
Profile: Assisted Living Facility. Great Location!
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Adam Gilman, Broker
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| Primary Phone: |
310-595-0788 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/14/09 |
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| Date Last Revised: |
10/14/09 |
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| BizBen Ad #: |
142757 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$160,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
Call/Email |
| Annual Adjusted Net: |
Call/Email |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Assisted Living Business Is Booming! In 1990, There Were 30 Million Americans 65 And Older And By 2020 The Number Will Be 53 Million, According To The U.S. Census Bureau. This Multi-Million Dollar Home, Gated And Surrounded By Other Multi-Million Dollar Homes, Has Just Been Renovated And Licensed To Service This Affluent Community. This Residential Elderly Facility, Approximately 1,700 Square Feet And On A Lot Of Approximately 9,800 Square Feet, Non-Ambulatory, Is Licensed To Serve Six Bedroom Residents Age Sixty And Above. The Facility Has Four Bedrooms, Three Handicap Bathrooms, Living Room, Dining Area, And A Dedicated Room For Medical Supplies. The Front And Back Of The House Is Fully Handicapped. Everything In The Facility Is New Including The Furniture. There Is Also A Heated Pool And Jacuzzi. There Is A Sophisticated Alarm System That Includes Fire, Police, Ambulance, And The Smoke Detector Is Also Tied Into This State Of The Art System. The Rent Is Four Thousand A Month. The New Owner Will Also Be Responsible For All Utilities, Insurance And Maintenance. The Terms Of The Lease Are Five Years With A Five Year Option. Future Residents Will Pay Between 3,500 -4,000 Which Will Result In Gross Revenues Between 21,000 And 24,000 A Month. The Current Owners Expect To Meet Their Capacity Fairly Quick. This Is A Turn Key Facility And Great Opportunity For Assisted Living Investors/Professionals As An Add-On Or Someone New That Wants To Get Into This Multi-Billion Dollar Industry. Between 2000 And 2010 The Population Of People 85 And Older Is Expected To Increase 33.2%, According To The U.S. Bureau Of Census. The Owner Is Willing To Carry A Note Up To 35% Of The Purchase Price.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
 Adam Gilman, Broker at 310-595-0788 Non Disclosure Agreement |




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