Santa Barbara County, CA Assisted Living and Nursing Homes For Sale

Assisted Living and Nursing HomesCaliforniaSanta Barbara

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Non-Medical In Home Health Care
$700,000Cash Flow: $232,075Seller Financing
Non-Medical In Home Health Care

Santa Barbara, CA

Introduction This opportunity is in the home care industry that serves the needs of individuals who aren’t ready for an institutional setting and need assistance to remain living in the comfort and privacy of their own homes. The industry is mushrooming with the aging baby boomers and their needing help to keep their independence. It is a great opportunity to own a thriving National Franchise backed by a company with over 20 years of experience that has become a widely recognized brand name in the senior care field. The 85 and older population is expected to more than triple between now and 2050 in the United States alone. This is a staggering statistic that not only proves the growing need for senior care, but also that thousands of families are facing the same critical decisions. This Company currently has two types of services that provide: Homemaking/Companion Care-Tasks include, but are not limited to: • Light Housekeeping • Laundry • Meal planning & Preparation • Shopping • Errands • Medical Reminders• Transportation to Appointments • Companionship & Conversation • Helping with pets • Stand-by / Assistance with walking / movement reducing risk of slips, trips & falls. Personal Care-Provides assistance to help clients successfully performs activities of daily living. These include one or more of the following and are characterized by “hands-on-touching”. • Bathing • Personal grooming and hygiene • Dressing• Toileting and elimination • Nutrition/hydration and feeding • Mobility • Mental / Cognitive needs • Medic1,054,187ation reminders • Hospice support care• Alzheimer’s care• other dementia care The clients who subscribe to these services want to maintain a quality of life and their freedom. Home care is also utilized for clients who are rehabilitating from workman’s compensation accidents, post op/surgery rehabilitations and seniors who need help rehabilitating from a fall or broken bones. Services are provided in hospitals, assisted living facilities, rehabilitation facilities, nursing homes and memory care facilities. Financial History The level of net income in this offering used for analysis purposes will be Sellers Discretionary Cash Flow (“SDCF”). Fiscal Year 2017 2016 2015 2014 Revenues $1,124,998 $1,054,187 $1,372,889 $1,337,644 SDCF $232,075 $174,285 $308,396 $312,128 SDCF % to Income 20.63% 16.53% 22.46% 23.33% Competitive Advantages The Company has earned and developed 6 competitive advantages that focus on its market niche. Each of these advantages could significantly contribute to the future growth and prosperity of the Company. Growth Opportunity The business continues to grow due to branding, loyalty, and consistent high-quality services. A new owner could build upon current owner's relationships with the medical community and even enhance by adding a Community Service Representative. Price &Term: We are offering this opportunity for $700,000. This is an SBA transaction with Buyer’s cash infusion of $105,000. The term of the SBA loan is for 10 years at an interest rate of 6.00% with payments of approximately $6,606.00 per month. Initial Investment: The buyer will need to have approximately $171,700.00 for the following acquisition cost: • $105,000.00 Down Payment for Acquisition • $15,000.00 Home Instead Transfer Fee • $7,000.00 Estimated Expense for State of California Home Health Care License • $10,000.00 Estimated Expense for Bank Fees, Attorney Fees, and Closing Cost. • $9,700.00 Lease and Utility Deposits • $25,000.00 Working Capital (As part of the bank financing a credit line may be granted.) NOTE: Our Specific Non-Disclosure Agreement is required prior to releasing additional information.

Assisted Living / Senior Care Facility
$8,000,000
Assisted Living / Senior Care Facility

Santa Barbara County, CA

Assisted Living /Senior Care facility for sale in north Santa Barbara County. Included: Business and Real Estate Size: Medium (20 - 40 bed range) Specialty: Memory care Occupancy: 100% This is a beautiful location with a great reputation. The owners are looking to retire, but will help to ensure a smooth transition of management. Contact Robert Rauchhaus (broker) for more information. Please fill out the eform request on this page to assure that your inquiry is received. In addition, you can call Robert at 805-705-8512 for immediate attention. Prospective buyers will need to sign an NDA to receive more information, including the name and/or exact location. Disclaimer: Information concerning this listing is provided to Broker by Seller. Broker has not verified the information and makes no representations as to its accuracy. The net income/profit figures are the Seller's Discretionary Cash Flow (SDCF). Broker to Broker Cooperation limited to BRE licensees with extensive experience in business sales and/or assisted living.


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