Profitable RCFE in Sherman Oaks Including a House! Seller will finance

Sherman Oaks, CA (Los Angeles County) (Relocatable)

Seller Financing Available
Profitable RCFE in Sherman Oaks Including a House! Seller will finance
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Asking Price: $1,299,000

Cash Flow: $185,630

Gross Revenue: $395,650

EBITDA: N/A

FF&E: $25,000

Inventory: $10,000

Real Estate: $1,650,000

Established: N/A

Profitable RCFE in Sherman Oaks Including a House! Seller will finance

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Business Description

Nestled in a very desirable area of Encino/Sherman Oaks, surrounded by beautiful rolling hills and homes of well established upscale neighborhoods, Pacific Business Brokers are proud to present the Residential Care Facility for Elderly dedicated to providing a comfortable, caring, and supervised living arrangement in a family home setting. Located in a beautiful quiet area just blocks from medical centers and parks. Private yard and personal activities with residents. There is a continuous 24/7 quality care for both ambulatory and non ambulatory residents. The care staff is well trained. Large, over 3,800 sf house, 1 level house, 7 private bedrooms, all residents enjoy private bedrooms and private bathrooms. The license is for 6 residents and at the present moment the RCFE has 6 private pay [only] patients. An average patient pays between 5-6K per month. According to the Seller annual revenue from the RCFE is $391,400 and annual net income $158,700.

House in included in the purchase price! Multiple Informal Valuations show that house [even without the profitable RCFE business worth 1.6M-1.7M]!

Seller will train potential buyers and gladly introduce to patients referral agencies. Seller will gladly help buyer with licensing changes, etc. Seller will finance the purchase with 500K down. Over last 5 years the RCFE was remodeled, tile/hardwood floors, etc, to make it a great place for happy residents. Potential buyers are required to have clean criminal record and provide proof of funds. Please note that the house is not for sale, only existing is operation for sale. Don’t miss this excellent opportunity!

Call Alex Levitan- Pacific Business Broker (818)640-8080, and request the NDA.

Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. Seller is motivated. All of the above information per Seller please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.

Detailed Information

Location:
Sherman Oaks, CA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,800
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Home Based
Financing:
Minimum 500K down
Support & Training:
Seller Will Train
Reason for Selling:
Retirement
Home-Based:
This business is Home-Based
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Contact the Seller

(from currently available funds)
 
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Alex Levitan

Business Listed By:
Alex Levitan

Pacific Business Advisors

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Sponsoring Broker:
Fred Mercuro

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