Residential Care Facility For Elderly
Location:
United States
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California
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Southern California - All Southern California
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Encino
Industry: Health and Medical > Long-Term Care Facilities
Business Summary
A beautifully appointed retirement home for sale for elderly, located in the heart of Encino. Excellent location in upscale neighborhood. Licensed by the state, it can serve a maximum of 6 ambulatory & non-ambulatory persons. A new owner can extend the license up to 10 or even 12 people. Rooms are big enough for 2 patients per room Facility is furnished with fine antiques and comfortable amenities. The grounds contain rose bushes and variety of other flowers, enough to keep continuously filled with beauty and fragrance. The wellness program emphasizes optimal kosher style nutrition, hydration with snacks between meals, mental and physical stimulation. This RCFE is in business for 21 years and 16 years under same owner. Seller is retiring and motivated. Gross receipts for 2008 are $246,720 and owner discretionary earnings are $120,650. For more information, please email or call Alex Levitan at 818-640-8080 or (818) 342-5222 ext. 330
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$246,720
Cash Flow:
$124,526
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 1993
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours per week following close of escrow.
Reason For Selling: Retiring.
Click on the "I'm Interested" button above for more information on this Health and Medical > Long-Term Care Facilities business for sale.
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Print Listing Id: 700107557
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