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|Net Profit:||Not Disclosed|
|Total Debt:||Not Disclosed|
|Real Estate:||Not Disclosed|
|BBN Listing #:||743535994|
|Broker Reference #:||SD359|
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Profitable Residential Care Facilities with three locations for the Elderly 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. For sale are three residential care facilities for the elderly operated by two separate entities. This listing includes the combined business entities and the real estate of each facility/home. The asking price is $750,000 for all three businesses. The three residences (real estate) is being sold separately for a total of $3.4M. The three businesses and the three residential homes must be purchased concurrently. The facilities are located in a prime area of San Diego County and are well-resourced with three of San Diego’s largest hospitals. The community also has a shopping center, a community park, and a library, essentials that bring charm and effortlessness, to the scenic San Diego neighborhood. Each location features six beds, a main living room for socializing, a private dining room for entertaining, beautiful landscaping, and a lush garden environment. In these small home settings, intimacy and customized care replaces the industrial feel of larger, corporate facilities. Their mission is to present seniors and their families with the comfort of quality living and care for private pay individuals.
Only serious buyers with industry experience should inquire due to SBA loan requirements. Buyer must have industry experience, at least 15% down plus additional working capital, good credit and a strong financial statement.
Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button or the Contact Seller button or contact CJ Johnston to receive a confidentiality agreement and to learn more about this opportunity.
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Property Features and Assets:
Residential Homes 1,753 Square Feet, 2,435 Square Feet, 2,378 Square Feet.
Market Competition and Expansion:
There are local assisted living communities offering the same services. Can charge premium for hospice care, amenities, special dietary needs, and continence care.
Reason for Selling:
Focus on other business.
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