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For Sale: Long Term Care Facility - For Elderly RCFE - West Los Angeles, California

$545,000.00

Asking Price

  • Address: West Los Angeles, 90046.

West Los Angeles Long Term Care Facility - For Elderly RCFE Business For Sale

Description

For sale is a residential care facility for the elderly with real estate included! It is nestled in a very desirable area adjacent to West Hollywood and Beverly Hills, surrounded by beautiful homes in the well-established upscale neighborhood of Beverly center area. The elderly assisted living facility is dedicated to providing a comfortable, caring, and supervised living arrangement in a family home setting. The property is $2,500,000, the RCFE business is $450,000, and $500,000 if the business is purchased separately.

Over the years, this facility has gained a sterling reputation in the Los Angeles senior care community for its quality care, impeccable service, and outstanding record of compliance. The facility was built from the ground up in 2007. It is near Cedars-Sinai hospital and medical offices. There is continuous 24/7 quality care for 12 ambulatory and non-ambulatory residents. The long-term staff is well trained. It is fenced and gated, almost 3,600 sq ft., 1 level building with ramps at all exits, 10 private bedrooms with 10 en-suite bathrooms, 1 public bathroom, kitchen and kitchenette, and 2 common areas. All clients are private pay. The monthly rate is between $7,000-$8,000.

According to the seller, annual revenue from the facility's operation is between $650,000-$800,000 and annual net income is between $150,000-$200,000. The seller will train potential buyers and gladly introduce them to clients' referral sources. 90% occupied most of the time. Potential buyers are required to have a clean criminal record and provide proof of sufficient funds. Some knowledge of the assisted living industry and a current RCFE administrator's certificate are desirable. Don't miss this excellent opportunity! Only experienced investors with substantial funds will be considered.

Financial statements, inventory counts, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. The seller is motivated. For all of the above information per seller please rely on your own due diligence on market conditions and this industry before making any commitment and decision-making.

To get more information about this Long Term Care Facility - For Elderly RCFE business for sale in West Los Angeles please phone Alex Levitan (Intermediary, Broker - BRE License #:01915577) at 818-640-8080 and 818-640-8080 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #278614 on BizBen.com. In addition to phoning Alex Levitan, make sure you email Alex Levitan above to get more info about this Long Term Care Facility - For Elderly RCFE, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01915577. Pacific Business Advisors.

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Contact

  1. Name: Alex Levitan
  2. phone iconPhone: 818-640-8080
  3. phone iconPhone: 818-640-8080

Details

  1. Asking Price: $545,000.00

  2. Down: Call/Email

  3. Cash Flow: $240,000.00

  4. Revenue:    $650,000.00

  1. Area: West Los Angeles

  2. City: West Los Angeles

  1. Attributes:

    Broker CooperationTraining & SupportReal Estate Available

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