15 Bed Assisted Living Facility with Property

Humboldt County, CA

Interior Living & Kitchen Areas
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Asking Price: $1,350,000

Cash Flow: $145,000

Gross Revenue: $525,000

EBITDA: N/A

FF&E: $30,000

Inventory: $5,000

Real Estate: $1,100,000

Established: 2004

15 Bed Assisted Living Facility with Property

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Business Description

15 Bed Assisted Living Facility with Property

I am pleased to offer a 15 Bed Assisted Living business for sale with property. It is currently licensed for 15 clients and is located in a Coastal community in Northern, CA.
The business was originally established in 1964 and facilities renovated/updated in 2005 to provide the latest in comfort and services.
There is a Non-Owner administrator who handles most day to day operations. Owner spends about 15 to 20 hrs per week overseeing operations and management.Perfect for a couple, or management company. Owners do Not live on the premises.

Detailed Information

Location:
Humboldt County, CA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
4,736
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A fully equipped 9 bedroom 15 bed assisted living facility.
Competition:
Competitive in the current marketplace.
Growth & Expansion:
Increase average occupancy and rates.
Support & Training:
Negotiable with acceptable purchase price and terms.
Reason for Selling:
Reitrement
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Richard "Mark" Edwards

Business Listed By:
Mark Edwards

RE/MAX GOLD

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