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.
Related Links & Information Regarding This Posting
Status: Active Posting #: 265572 Refreshed: 12/2/2021
Looking for a profitable assisted living facility, with seller-owned real estate included, in any California location. Ideally priced from $500K to $4M. Good reputation. Transferable license. Solid employee & resident base. Could be all cash or partial seller-financing, depending on tax requirements
Attributes: Broker-Broker Coop, For Sale By Owner, Training And Support
Home Health Agency is for sale in Coachella Valley. The Agency has a provider number and is fully licensed by California Department of Public Health (CDPH) and accredited by The Joint Commission (JCAHO), just passed the JCAHO survey for another three years and has clean record. Billing is fully set.
Contact: Lu - Business Buyer: 650-509-9468 Cell, 650-509-9468 Text
Status: Active Posting #: 267094 Refreshed: 11/29/2021
Attributes: Broker-Broker Coop
I would like to purchase a CHLF and RCFE existing business located in California as soon as possible. Purchase price up to 600K but negotiable with a net profit of $40K per month. Should also have good financial records as proof of stability. I am a serious buyer looking to buy soon, prequalified.
Hospice Agency is for sale by owner in beautiful Coachella Valley, California. The agency is fully licensed by California Department of Public Health (CDPH) and accredited by The Joint Commission (JCAHO) and has a provider number, clean record. Billing is fully set up.
Attributes: Broker-Broker Coop, For Sale By Owner, Relocatable, Lifestyle, Training And Support
Brand new Hospice with provider Number. Located in San Bernardino, California. Office has a great set up, all furniture, computer, printer is included as well. Lease is transferable. Purchase price is 425,000 firm. Accreditation by ACHC.
Part webinar, part live podcast these BizBen Sessions are held on Weds at Noon. These FREE live sessions consist of topics related to buying and selling small to mid-sized businesses. Online topics regarding buying and selling small businesses are discussed by the top professionals in the industry.
Helen Yoo at New Century Escrow, Inc. is a fully licensed & bonded independent escrow company. Over 20 years combined experience in handling bulk escrow transactions. Multi-lingual staff that speaks your language, including Korean, Chinese, Vietnamese. Call Helen Yoo direct at 626-890-1151.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
California Business Escrow, Inc. is a full service independent escrow company serving all of California and has expertise in a wide range of escrows. Our team prides itself on providing an exceptional escrow experience. For more info phone Diane Boudreau-Tschetter at 888-383-3331 or 209-838-1100.
An often overlooked aspect of selling (or buying) a small business is taking back-up offers during the entire process of selling (or buying) a business. Most sellers (or buyers) don't realize that over fifty percent of all deals/contracts fall out escrow or contract for one reason or another.
Peter Siegel, MBA - BizBen Founder discusses the difference between a hands on owner and an absentee owner. It covers why someone would want to be an absentee owner and then goes on to discuss the pros and cons of buying an absentee run small business in the California marketplace.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Buying a business? Need financing? For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory/loan placement services with SBA Loans, Non SBA Financing. Call me today business purchase financing & to get pre-qualified before you buy or sell: 925-785-3118.
Buying a small business is an often arduous process. Peter Siegel with BizBen.com shares his strategies on this new Podcast session with Brian Loring who asks all the current & essential questions successful business buyers tend to ask and get answered before buying a small to mid-sized business.
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. 
Looking for a profitable assisted living facility, with seller-owned real estate included, in any California location. Ideally priced from $500K to $4M. Good reputation. Transferable license. Solid employee & resident base. Could be all cash or partial seller-financing, depending on tax requirements
Home Health Agency is for sale in Coachella Valley. The Agency has a provider number and is fully licensed by California Department of Public Health (CDPH) and accredited by The Joint Commission (JCAHO), just passed the JCAHO survey for another three years and has clean record. Billing is fully set.
I would like to purchase a CHLF and RCFE existing business located in California as soon as possible. Purchase price up to 600K but negotiable with a net profit of $40K per month. Should also have good financial records as proof of stability. I am a serious buyer looking to buy soon, prequalified.
