6 Bed Rcfd (residential Care Home For Elderly)


Listing ID: 700244082

Listing Title: 6 Bed Rcfd (residential Care Home For Elderly)

Quick Link: http://www.globalbx.com/listing.asp?bId=244082

Industry: Health and Medical

Industry Segment: Long-Term Care Facilities

Country: United States

State / Province: California

Area Southern California - Los Angeles Area

City: Sierra Madre

Asking Price Range: < $250K

Gross Revenues: $189,600

Cash Flow: $189,600

Cash Flow Type: EBITDA

Year Established: 2014

Number of Employees: 1 - 3

Business Description:
This cozy and warm 6-bed residential care home for elderly is located on a tree-lined street in a sweet community in the heart of San Gabriel Valley in Southern California. Home is newly remodeled and updated with new bathrooms, kitchen, double-glazed energy efficient windows and laminate wood flooring though out! All rooms are professionally decorated and furnished by an interior designer to make it a sweet home for its residents. There are 2 shared rooms and 2 private rooms. The buyer is buying 100% of the operating right of the fully run business with 5 clients currently. The gross monthly income of the business is $15,800 at this moment. A lender who can provide 50% financing is available for qualified buyers. No hassle to go through 1.5 years of new license application. This is a renovated and absolutely new to the market care home ownership concept to become the co-owner of a big care home company. The buyer needs to be a licensed administrator and needs to have proof of funds before scheduling an appointment to visit the facility. Call Sunny Han at 626 264-8121 for more details. $130,000 for business. Monthly lease $4,700. 3-5 year lease and option(s) to renew.

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