Seller's Contact Information
- RE: Los Angeles Intermediate Home Health Care Facility
- Contact: Vladimir Tuchinsky
Quick Facts
Asking Price: | $650,000 | |
Annual Revenue: | $503,700 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $250,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 10,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | 6 | |
BBN Listing #: | 97694929 | |
Broker Reference #: | SUNNYHOM |
Business Overview:
This highly sought after type of Intermediate care facility (ICF) specializes in individuals with intellectual disabilities – nursing (JCF). This facility provides care for 6 residents and is certified by Medi-Cal for 6 beds. There are 4 bedrooms; 2 of which are private and 2 are shared. The facilities’ personnel include 1 Qualified Intellectual Disabilities Professional (QIDP), 4 direct caregivers, 2 Licensed Vocational Nurse (LVN) and 1 Registered Nurse (RN). The facility is approved by the fire department for 2 bed-ridden clients and 6 non-ambulatory residents. The facility uses enterprise content management (EMC) software for billing, which is performed in-house. Residents are referred to the facility by North Los Angeles Regional Center. The Medi-Cal reimbursement rate is $230 per day.
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Property Features and Assets:
This 2,200 square foot facility leases for $5,000 per month. The care facility offers 6 beds.
Market Competition and Expansion:
It is estimated that the required Medi-Cal licensing takes nearly 2 years to obtain, making competition relatively low. A significant need exists for such facilities and there is shortage of placements available, for such special needs residents.
Reason for Selling:
Other business ventures
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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