Profitable Assisted Living Facility incReal Estate

Sherman Oaks, CA
Los Angeles County

Sherman Oaks/Encino


Asking Price: Annual Revenue:
$1,299,000 $451,250

Services: Senior Living & Care, Assisted Living


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RE: Profitable Assisted Living Facility incReal Estate Broker: Alex Levitan
Owner Financing is Available!
Seller WILL finance with 500K downpayment!

Quick Facts

Asking Price: $1,299,000
Annual Revenue: $451,250
Net Profit: $158,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 3
BBN Listing #: 862252285
Broker Reference #: RCFE/Encino

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Business Overview:

Nestled in a very desirable area of Encino/Sherman Oaks, 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. Located in a beautiful quiet area just blocks from medical centers and parks. Private yard and personal activities
with residents. There is a continuous 24/7 quality care for both ambulatory and non ambulatory residents. The care staff is well trained. Large, over 3,800 square feet house, 1 level house, 7 private bedrooms, all residents enjoy private bedrooms and private bathrooms. The license is for 6 residents and at the present moment the RCFE has 6 private pay [only] patients. An average patient pays between $5,000 - $6,000 per month. According to the Seller annual revenue from the RCFE is $391,400 and annual net income $158,700.
House in included in the purchase price! Multiple Informal Valuations show that house [even without the profitable RCFE business worth 1.6M-1.7M]!
Seller will train potential buyers and gladly introduce to patients referral agencies. Seller will gladly help buyer with licensing changes, etc. Seller will finance the purchase with $500,000 down. 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. Don’t miss this excellent opportunity!
Contact Alex Levitan- Pacific Business Broker, and request the NDA.
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 request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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