Description About This Posting: Assisted Living Facility - 6 Beds 3 Residences
Inland Empire - 3 Beautiful Established Turn-key 6-Bed Assisted Living Residential Senior Care Facilities RCFE- SBA Approved
These three residential senior homes provide private pay assisted living and memory care in a spacious, nurturing home environment, located in an upscale Inland Empire neighborhood. Very well regarded in the senior care community, the long term staff and owners have provided excellent care to elders with dementia and other age-related conditions since 2010. These homes are successful and Turnkey Residential Senior Care Homes licensed for 6 occupants with 4 private bedrooms and one shared bedroom. There are spacious indoor living and dining areas, and lovely backyards. Long term leases are available to Buyer.
All current caregivers have worked for numerous years at these facilities and have decades of combined care-giving experience, including dementia-care. Their program provides gourmet dining, a wellness program, transportation, daily social activities and memory care. These residential care facilities take great pride in having a constant, high staff-to-resident ratio that has someone onsite 24 hours a day, seven days a week. This has led to there being a frequent waitlist for potential clients and strong word of mouth recommendations, in addition to long term relationships with medical and hospice agencies for placement. The homes are licensed for ambulatory, non-ambulatory, bedridden, hospice, dementia and have been fully upgraded to State RCFE requirements.
Financial performance in 2017 was gross revenue of $760,262 and Seller Discretionary Earnings of $259,337. The year 2018 was stronger, with gross revenue of $776,621 and SDE of $263,493. The projected 2019 gross income will be $825,000+ with an SDE of $300,000+. The business has no accounts receivable problems as residents pay in advance.
Training and support will be provided by Owner, post-close. Seller to stay on as temporary Licensee while Buyer obtains licenses. Seller will assist buyer in obtaining their license. Excellent opportunity for investors as the business is all help run.
Disclaimer: The information above was furnished by the seller. Broker nor its agents have not verified the information and makes no representations as to its accuracy or reliability.
For more information, please contact Frank Costa.
To get more information about this Assisted Living Facility - 6 Beds 3 Residences business for sale in
Inland Empire please phone Frank Costa (Broker - BRE License #:01324936) at 626-395-0717 and 818-653-3480 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #247079 on BizBen.com. In addition to phoning
Frank Costa, make sure you email Frank Costa above to get more info about this
Assisted Living Facility - 6 Beds 3 Residences, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
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Willard Michlin, CPA #106752, offers buyers step by step training & assistance in doing Due Diligence Services when they are thinking of making an offer, or are in process of investigating a business purchase. He helps to determine the actual net profit even when there is cash. Call 805-428-2063.
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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.
I have provided legal counsel to business buyers, sellers and brokers for over 17 years. With prior experience as a business broker and SBA loan officer, Joe brings both a practical and legal approach to all aspects of the business acquisition process. Please phone 916-672-8018 for more info.
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