Turn Key 6-Bed Residential Sr Care RCFE SBA Approved

San Bernardino County, CA

Turn Key 6-Bed Residential Sr Care RCFE SBA Approved
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Asking Price: Get Financing: $250,000

Cash Flow: $81,160

Gross Revenue: $254,439



Inventory: N/A

Established: 2010

Turn Key 6-Bed Residential Sr Care RCFE SBA Approved

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Business Description

Turn Key 6 Bed Residential Senior Care Facility RCFE- SBA Approved

This residential senior home provides PRIVATE PAY assisted living and memory care in a home environment and is located in the foothills in an upscale neighborhood in the Inland Empire, California. They are very well regarded in the care community and have been providing excellent care to elders with dementia and other conditions associated with aging since 2010. This is a successful and turnkey Residential Senior Care Home licensed for 6 occupants with 4 private bedrooms, 1 shared bedroom. There are spacious indoor living and dining areas, and a lovely backyard. This property is approximately 4000 square feet and, in addition to the main house, there is a separate 1 bedroom cottage for staff use. Long term lease is available to Buyer.

The current, trained caregivers have worked for numerous years at this facility and have decades of combined care-giving experience, including dementia-care. Their program provides gourmet dining, a wellness program, transportation, daily social activities and memory care. This residential care facility takes great pride in having a constant, high staff-to-resident ratio that has someone onsite 24 hours a day, seven days a week. This has led to there being a frequent waitlist for potential clients and strong word of mouth recommendations, in addition to long term relationships with medical and hospice agencies for placement. The home is licensed for ambulatory, non-ambulatory, bedridden, hospice and has been fully upgraded to State RCFE requirements.

Financial performance in 2017 was gross revenue of $254,439 and Seller Discretionary Earnings of $81,160. Per Seller, 2018 is significantly stronger, with YTD (through September) gross revenue at $211,951 and SDE of $72,097.

Training and support will be provided by Owner, if needed, post-close. Seller willing to stay on as temporary Licensee while Buyer obtains licenses. Seller will assist buyer in obtaining their license.

There is also an additional local facility available for interested Buyers.

For additional information, please contact Frank Costa at frank.costa@sunbeltnetwork.com or by phone at (818) 653-3480.

Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Pasadena or its agents have not verified the information and makes no representations as to its accuracy or reliability.

Detailed Information

Included in asking price
Support & Training:
Reason for Selling:
Pursue other interests.
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Frank Costa

Business Listed By:
Frank Costa

Sunbelt of Pasadena

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Sponsoring Broker:
Angelica Michail, MBA, CBB, CBI

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