Seller's Contact Information
- RE: Profitable Residential Care Facilities With RE In
- Contact: CJ Johnston
- License #: 01129246
Quick Facts
Asking Price: | $750,000 | |
Annual Revenue: | $1,238,361 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $221,030 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2004 | |
Employees: | 18 | |
BBN Listing #: | 743535994 | |
Broker Reference #: | SD359 |
Business Overview:
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.
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.
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.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Licensed Home Care Agency Medicaid Philadelphia PA
Homecare License is of a great value as it takes over a year (sometimes a few years) and $$$ in legal documents preparation, staffing, space, accounting, Policies and Procedures Manual approvals. Agency had also undergone State Department of Health licensing process and was issued Medicaid provider number.
Durable Medical Equipment License with Medicare
Unique Brand New License with Medicare Number!VERY DIFFICULT AND LENGTHY TO OBTAINSave money and time: government licensing fees for attorneys and consultants, rent expense while waiting, unpredictable disapproval risk.We provide you with all necessary surety bond/ general liability policies, Policies and Procedures Manuals and administrative forms.We have 24 years of experience in facilitating healthcare startups licensing across US
6-Bed Small Type-B Assisted Living Home
Attractive home. Very nice grounds with large outdoor area. Formerly operated as a 6 Bed Small Type B Assisted Living Home. License available for new qualified operator. Located in Corpus Christi in a neighborhood setting. This is an asset sale including all appliances. Buyer to furnish home.