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For Sale: Congregate Living Health Facility - CLHF, Clean - Hemet, Riverside County

NDA   |  

Current Status: Active     Posting #: 270102     Last Refreshed: 5/14/22    
Contact: Ralph Santos At 818-731-7173 , 888-736-2911  -  Also Email This Contact Below
Asking Price:  $200,000     Down Payment:  Call / Email     Annual SDC:  Call / Email     Annual Gross:  Call / Email    
Business Address:  None Given     City:  Hemet     Zip:  None Given    
Attributes:  Training & Support, Relocatable
We have a gorgeous 6-Bedroom Congregate Living Health Facility (CLHF) in Hemet (San Jacinto Valley in Riverside County) that is turn-key ready, meaning that the licensing and the facility are ready to be operated by an experienced buyer. This facility took three years from its inception to where it is now with its 'A' 'B' 'C' licenses in place. The owners are in the healthcare industry and they understand the mechanics of running a CLHF. The reason for the sale is that the seller's do not have the time to dedicate to this facility, but they understand the potential for this business model. At the time of the writing of this advertisement, there were only two other CLHFs in the Hemet area (buyer to verify). The facility is located near the Valley Medical Center and the Loma Linda Hospital with a number of RCFEs and ECFs in the area to market the CLHF services to.

Business: The CLHF (the business portion of the transaction) will be sold at $200,000.00 (below the market value). The seller has made a significant time and monetary investment to their home and this will be noted when you visit the property. The transaction will include the use of the existing FFE which would be a great start to anyone who is looking at entering into this market. If you have experience in the Congregate world, this business opportunity will make complete sense to you.

The Corporation standing is good with the Secretary of State and with the Franchise Tax Board. All corporate and compliance information would need to be verified via the buyer's due diligence. Since the facility was never operated, it is ideal for those looking at entering into the business with essentially no issues to deal with. This specific business literally only needs that you activate the required services (e.g. vendors, utilities) and that you update your facility related supplies (e.g. linen) and thereafter begin admitting your patients.

Contracts. This Congregate has established managed care contracts that will come with the sale. Currently, the facility will come with a Tri-West contract and a United Healthcare contract. It also has its Medi-Cal waiver in place for your Medi-Cal insured patients.

Property: The facility is being housed in a single-story home that has 2,328 square feet of living space on a 7,405 square foot lot. It has 4-bedrooms and 3 baths with a nicely distributed floorplan. This home was built in 1988 and is nestled in a quiet residential community which is relatively close to Highway 74.

Lease: The seller's own the property and at this time they are not interested in selling their property. The sellers are open to lease options and since the seller's are in the Congregate business, they understand the buyer's needs and are willing to work with the buyers to ensure that it becomes a win-win situation. The seller will be leasing the facility with all of its build outs and the existing FFE with lease terms to be discussed on a case-by-case manner. The seller is also open to selling the existing licenses, if the buyer would like to relocate the licenses to a new location.

Billing. This is a new facility with no prior billing.

Employees: There are no employees at this time. No history of employees.

Census: This is a brand-new agency with no census, no prior billing.

This listing is not open to financing options. This is a cash only listing. A formal escrow will be instituted.

Consultant: The seller can provide the buyer with a qualified consultant that can help the new owner with the transition.

It is imperative that all potential buyers: (1) Sign an NDA, (2) provide Proof of Funds (redacted), (3) provide a Buyer Profile with a Buyer Representation for this one business.

Please Note: The seller is responsible for proving the accuracy of any information provided to the buyer's satisfaction. Information contained in this document is provided solely by the seller. No representations or warranties are provided by its brokers, its agents, representatives, or subsidiaries as to the accuracy, completeness or validity of such information. Interested parties are encouraged to seek the counsel of their accountant, attorney and/or other business advisors. Healthcare Biz Brokers does not work with non-licensed buyer representatives (i.e., finders).

To get more information about this Congregate Living Health Facility - CLHF, Clean business for sale in Hemet, Riverside County please phone Ralph Santos (Intermediary, ProBuySell Member, Agent, Webinar Panel - BRE License #:02006120) at 818-731-7173 and 888-736-2911 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #270102 on BizBen.com. In addition to phoning Ralph Santos, make sure you email Ralph Santos above to get more info about this Congregate Living Health Facility - CLHF, Clean, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02006120. Healthcare Biz Brokers.


Email Ralph Santos Below About This Posting




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For Best Results & Response, Email & Phone This Contact: Ralph Santos at 818-731-7173 and 888-736-2911.



Featured Fast Track Postings: Motivated Owner/Sellers & Business Buyers

For Sale: Acupuncture Practice- Long Established, Profitable In North San Diego Coastal, California
Contact: Joseph - Owner/Seller: 760-420-3111 Cell, 760-420-3111 Text
Status: In Escrow  Posting #: 269945  Refreshed: 5/6/2022
Asking Price: $149,000  Down Payment: Call / Email  Annual SDC: $166,143  Annual Gross: $224,000+
Attributes: Broker-Broker Coop, For Sale By Owner, Training And Support
Fast Track Posting ProBuy One of San Diego county's longest-running acupuncture practices is for sale, situated in the beautiful California coastal community of Oceanside. North County Acupuncture, currently the acupuncture practice of Joseph Voss, LAC., is in Northern San Diego County, conveniently located. The following income and expense summaries are derived from an average of income and adjusted* expenses from 2017-2020 Income. Average gross yearly revenue (4 years): $223,905 ($18,659/month). Average adjusted expenses: $57,762 yearly ($4,814/month) Net Profit: Average $166,143 per year $13,845 /mo.
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For Sale: Vitamins, Dietary Supplements Manufacturer In Ontario, San Bernardino County, California
Contact: Dr Mike Youssef: 951-212-0301 Cell, 951-212-0301 Text
Status: Active  Posting #: 260736  Refreshed: 5/17/2022
Asking Price: $6,000,000  Down Payment: $1,500,000  Annual SDC: Email  Annual Gross: Email
Attributes: For Sale By Owner, Semi Absentee Run, Absentee Run, Training And Support, Owner Financing
Fast Track Posting ProBuy The company is a full service contract manufacturer and packager of dietary supplements, functional foods, vitamins, minerals and herbal products and established 27 years ago. We do private labeling and custom manufacturing for high quality customers. The company is FDA approved since 1995. Asking price US$ 6 million NOT INCLUDING Real Estate but everything else such all machineries, all assets, not to compete, Goodwell, and all accounts, formulas ...Etc. Owner may consider lease option to buy.
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For Sale: Skilled Home Health Agency In San Bernardino, California
Contact: Ralph Santos: 818-731-7173, 888-736-2911
Status: Active  Posting #: 273797  Refreshed: 5/13/2022
Asking Price: $385,000  Down Payment: $385,000  Annual SDC: Call  Annual Gross: $400,000
Attributes: Relocatable, Training And Support
Fast Track Posting Skilled Home Health Agency in San Bernardino with a census in place which is perfect for operating income upon the closing of the transaction. We have a Joint Commission (JC) certified home health agency that is currently billing. The agency was begun in March 2016,
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