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For Sale: Assisted Living Facility - Monterey County , California

$9,750,000.00

Asking Price

Monterey County  Assisted Living Facility Business For Sale

Description

Unique opportunity to buy a highly successful middle/small size Assisted Living

This is a unique opportunity to buy a highly successful Assisted Living facility Situated between the northern tip of Monterey County and South Bay Area. Over 20 years of establishment and over $2.8 Mil in gross revenue. Detailed information about the facilities will be disclosed after receiving a signed NDA and verifying the buyers' qualifications to operate the facility.

You must sign NDA and show proof of funds to receive the complete financial package.

Financial Analysis
Cash on Cash Return 37.94 %
Internal Rate of Return (IRR) 46.66 %
Capitalization Rate 18.49 %
Gross Rent Multiplier (GRM) 1.38
Debt-coverage Ratio (DCR) 1.70
Operating Expense Ratio (OER) 73.68 %

The financial information was supplied by the seller and has not been verified by the broker. The broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.
All data, information including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by the broker for accuracy. Properties or Businesses may or may not be listed by the office/agent presenting the information.

To get more information about this Assisted Living Facility business for sale in Monterey County please phone AJ Rana (Intermediary, Broker - BRE License #:01724170) at 510-737-8500 Cell - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #280190 on BizBen.com. In addition to phoning AJ Rana, make sure you email AJ Rana above to get more info about this Assisted Living Facility, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01724170. Lemara Commercial.

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Contact

  1. Name: AJ Rana
  2. phone iconPhone: 510-737-8500 Cell

Details

  1. Asking Price: $9,750,000.00

  2. Down: $1,950,000.00

  3. Cash Flow: $1,176,837.00

  4. Revenue:    $2,800,000.00

  1. Area: Monterey County

  2. City: None Given

  1. Attributes:

    Broker CooperationAbsentee RunReal Estate IncludedReal Estate AvailableSBA Loan Pre-Qualified

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Related Links & Information Regarding This Posting

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