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For Sale: Residential Care Facility For Elderly RCFE With RE - Temecula, Riverside County


Current Status: Active     Posting #: 244057     Last Refreshed: 11/13/19    
Contact: Alex Levitan At 818-640-8080 , 818-640-8080  -  Also Email This Contact Below
Price:  $640,000     Down:  Negotiable     Adjusted Net:  $85,000     Revenue:  $192,500    
Business Address:  None Given     City:  Temecula     Zip:  92591    
Attributes:  Semi-Absentee Run, Training & Support, Real Estate Included, Real Estate Available     Cooperation With Brokers?  Call

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  Description About This Posting: Residential Care Facility For Elderly RCFE With RE
Profitable RCFE in Temecula Including the Real Estate!

Nestled in a very desirable area adjacent to Temecula, surrounded by beautiful rolling hills and homes of well established upscale neighborhoods, Pacific Business Brokers are proud to present the Residential Care Facility for Elderly dedicated to providing a comfortable, caring, and supervised living arrangement in a family home setting. There is a continuous 24/7 quality care for both ambulatory and non ambulatory residents. The care staff is well trained. Large, over 2,700 sf, 1 level house, 4 bedrooms, some of the have private bathrooms. The license is for 6 residents and at the present moment the RCFE has 5 private pay [only] patients. An average patient pays between 3-4K per month. According to the Seller annual revenue from the RCFE is $198,400 [for 5 patients] and annual net income $85,700. At full capacity [6 patients], annual gross is around 240K and cash flow after all expenses 120-130K. Seller will train potential buyers and gladly introduce to patients referral agencies. Over last 5 years the RCFE was remodeled, tile/hardwood floors, etc, to make it a great place for happy residents. Potential buyers are required to have clean criminal record and provide proof of funds.

House is included in 650K asking price. Latest appraisal shows that the value of the house alone is 500-520K. Must have RCFE Administrator's license

Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. 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.

To get more information about this Residential Care Facility For Elderly RCFE With RE business for sale in Temecula, Riverside County 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 #244057 on BizBen.com. In addition to phoning Alex Levitan, make sure you email Alex Levitan above to get more info about this Residential Care Facility For Elderly RCFE With RE, to ask any questions or request an appointment to see this business for sale. Thank you.

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