Independent Room & Board Facility
Location:
United States
->
California
Industry: Hotels and Holiday Accommodation > Other Hotels and Holiday Accommodation
Business Summary
This independent room and board facility can take up to 8 residents. Currently there are 6 tenants on board generating $4,200 per month. Good and steady client source. All current residents are either government or SSI funded. Good opportunity for investors. Asking price is $428,000. Price includes real estate and the room and board business. The real estate property has 6 bedrooms and 3 baths. Seller is very motivated. Please submit all offers. Email or call broker Sunny Han at (626) 264-8121 or (626) 234-5676 for any inquiry. Seller bought the property at $530,000. Good deal! Do not miss this opportunity. Contact for more information on this Room & Board Facility for sale.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$50,400
Cash Flow:
$36,900
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: No
About The Business
Year Established: 1990
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Reason For Selling: Retiring.
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Print Listing Id: 70084970
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