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For Sale: RCFE - Elderly Assisted Living Facility - Hollywood, California


Asking Price

  • Address: Hollywood, 90046.

Hollywood RCFE - Elderly Assisted Living Facility Business For Sale


Nestled in a very desirable area adjacent to West Hollywood and Beverly Hills, surrounded by beautiful homes in a well-established upscale neighborhood of Beverly Center area, Pacific Business Brokers are proud to present the elderly assisted living facility dedicated to providing a comfortable, caring, and supervised living arrangement in a family home setting. The property is $2,400,000, and the RCFE business is $400,000.

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 compliance record. 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. 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 yearly 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 must 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 Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. The seller is motivated. 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.

- 2 6-bed RCFEs situated next to each other
- Located in an upscale area adjacent to Beverly Hills
- Total of 12 Licensed Beds
- Total monthly gross revenue $65,000+
- The average rate per consumer is $6800+
- Turn-key operation
- Perfect opportunity for an established RCFE operator in a highly desirable neighborhood
- Newer construction was completed from the ground up in 2007
- All rooms have en-suite bath
- Beautiful green areas for residents to enjoy the outdoors
- Ideally situated near Cedars-Sinai and UCLA hospitals, doctor offices, shopping, transportation, restaurants
- Growth potential for the rates

To get more information about this RCFE - Elderly Assisted Living Facility business for sale in Hollywood please phone Alex Levitan - Agent (Intermediary, Broker - BRE License #:01272205) at 818-640-8080 Cell and 818-640-8080 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #272646 on BizBen.com. In addition to phoning Alex Levitan - Agent, make sure you email Alex Levitan - Agent above to get more info about this RCFE - Elderly Assisted Living Facility, 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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  1. Name: Alex Levitan - Agent
  2. phone iconPhone: 818-640-8080 Cell
  3. phone iconPhone: 818-640-8080 Text


  1. Asking Price: $2,995,000.00

  2. Down: Call/Email

  3. Cash Flow: $240,000.00

  4. Revenue:    $650,000.00

  1. Area: Hollywood

  2. City: Hollywood

  1. Attributes:

    Broker CooperationSemi-Absentee RunTraining & SupportReal Estate IncludedReal Estate Available

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