Residential Care Facility for the Elderly

Taft, CA (Kern County)

Seller Financing Available
Residential Care Facility

Asking Price:$155,000

Cash Flow:$37,000

Gross Revenue:$190,800

EBITDA:N/A

FF&E:$25,000

Inventory:$2,000

Rate/Sq. Ft.:N/A

Established:1986

Residential Care Facility for the Elderly

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Business Description

Selling As Is. Must be purchased by a Qualified Senior Care Provider Organization or Merge with a Health Care/Medical Group for Senior Care for the Elderly. This can only be sold to a Licensed Senior Care Operator with an Administrator that is certified and qualified to have 6 patients for this organization. The Senior Care Residential Home for the Elderly requires to be located in Taft, CA since that is where patients and family are located.

Losing Lease for the Home and need a new qualified Home Facility for these patients. Seller Motivated and wishes to retire. Staff and Elderly Patients will be available. Currently has the 6 patients allocated. Each Elderly Residential Patient is provided 24 hour care. They pay $2,700 a month for Senior Care. Does not handle Medicare or Welfare.

Will Negotiate Best Sell Price. Give an Offer. Turnkey, Well Known and Organized. Again must be certified for a qualified and licensed home for Residential Care to move to or Medical Corporation to handle Residential Care for Elderly and with Facility. Comes complete with all FFE-furniture, fixtures, equipment and inventory.. Will provide training and non-compete agreement. Please contact Phil Haney at 661-476-5002 or you can email me at phil.haney@sunbeltnetwork.com. A buyer confidentiality and disclosure must be filled out first.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
1 FTE, 4 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Seller will consider some financing for a qualified buyer
Support & Training:
Seller will negotitate a transition period

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John Willingham, CBI, CCIM

Business Listed By:
John Willingham, CBI, CCIM

Sunbelt Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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