Private Residential Care Facility
Location California,United States
Asking Price Range < $250K
Gross Revenues $192000
Net Profit / Cash Flow $72000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2008
Number of Employees 1 - 3
Inventory 10000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Seller has another opportunity.
Description Fantastic opportunity - This Care Home for sale is a fully licensed and home care facility that meets all county and city code requirements. The projected proforma net income is based on a all help run facility. The care facility is a 6 bedroom home including care givers quarters. Caregivers are responsible for meals, making sure the patients take the right medications and drugs as prescribed, playing cards and games and going for walks with the residents. Any medical emergency is handled by the patients own private physician or 911.
Seller will enter into a 25 year lease agreement/option to purchase with Buyer. The lease payments will be identical to the mortgage payments. The option shall grant buyer the right to purchase the real estate within 10 years from close of escrow at the existing mortgage balance due at the time of the exercising of the option. Please contact David Barry 310-279-5133 for more information. This listing has been reduced from $100,000 to $39,000
Click Here To Contact Seller
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