Sun Valley Congregate Living Facility w/Property

Los Angeles, CA


Asking Price: Annual Revenue:
$1,650,000 $675,281

Services: Senior Living & Care, Assisted Living


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RE: Sun Valley Congregate Living Facility w/Property Broker: Ryan Clark

Quick Facts

Asking Price: $1,650,000
Annual Revenue: $675,281
Net Profit: $194,665
Cash Flow: $194,665
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: $1,050,000
Year Established: 2014
Employees: 20
BBN Listing #: 79634929
Broker Reference #: SunLiv

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Business Overview:

This Sun Valley Congregate Living Facility sale including 6 bedroom facility’s property, as well as its Department of Human Services (DHS) License! The Type A Congregate Living Facility was established in 2014. The business has a Medical Director, a Registered Nurse (RN), 11 Licenses Vocational Nurses (LVNs) and 8 Certified Nursing Assistants (CNAs) and currently has 5 residents.

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Property Features and Assets:

This 2,610 square foot residence with 6 bedrooms is located on a 6,700 square foot lot. All of the business’s furniture, fixtures, equipment, as well as its property is included in the sale. Permits, license and contracts in place that should transfer in the sale include Department of Health Care Services (DHS) License, Providence and Saint Joseph’s Hospital contracts, Medi-Cal provider number as well as agreements in place.

Market Competition and Expansion:

With the influx of baby boomers and those with congregate living needs, this is a growing industry that remains somewhat protected from nascent competition due to its stringent licensing requirements. This is a relatively new business that is licensed for community living, with the real estate included in the sale. Inquire directly for details.

Reason for Selling:

Personal

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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