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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Assisted Living & RCFE - Two Locations

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $487668
Net Profit / Cash Flow  $160000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1995
Number of Employees  1 - 3
Inventory  500000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Seller will provide training
Reason for Sale  Family concerns
Description  These, 2 Profitable, Private PAY, Residential Board & Care Facilities for Elderly (RCFE) & assisted living, specializing in ALZHEIMER'S & DEMENTIA'S, are located in upscale residential neighborhoods in West Hollywood and Los Angeles. They are turn-key, golden business opportunities and are offered for sale for the first time after being in business for 17 years, with OR without Real Estate. The seller, who owns these 2 properties, prefers to sell them with the business but will consider a lease option! These private PAY residential care facilities, are fully licensed by the State of California, for 12 and 6 beds facilities, for ambulatory and non-ambulatory elderly . These 2 properties were converted and fully upgraded in to RCFE, with handicap accessibility & other requirements and are up to State Of California code. These facilities offer a homey environment with beautiful grounds, gardens, flowers, and trees to private pay seniors, who are require different levels of care, depending on their needs. The current staff includes 2 administrators, one of which is the owner, 6 caregivers, and one driver. They are all committed to providing quality, 24 hour care, nutritious home cooked hot meals, monitoring and assisting with medication, social, mental and fitness stimulation, transportation to and from medical and dental appointments, daily housekeeping, laundry services, and much more. This profitable business opportunity is suitable either for an investor, who is looking for passive income or someone already in RCFE industry, who would like to expand, or a husband/wife team, to work and live on the premises. The asking price for 2 locations is $550,000 (businesses only), with 2011 gross annual receipts of $487,668 and net cash flow (SDE) of $160,000 (including owner/administrator salary of $72K).
Click Here To Contact Seller

    

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