Price: $1,650,000
Location: Los Angeles County, CA
Industry: Home Health Care
Listing ID: SunLiv
Listing Status: Available
Price: $1,650,000
Location: Los Angeles County, CA
Industry: Home Health Care
Listing ID: SunLiv
Listing Status: Available
Real Estate: Owned, Included in asking price
Building SF: 2,610
Employees: 20
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
EBITDA:$194,665
Real Estate:$1,050,000
Established:2014
General Information
This Sun Valley Congregate Living Facility sale including 6 bedroom facility’s property, as well as its Department of Human Services (DHS) License! The Type A Congregate Living Facility was established in 2014. The business has a Medical Director, a Registered Nurse (RN), 11 Licenses Vocational Nurses (LVNs) and 8 Certified Nursing Assistants (CNAs) and currently has 5 residents.
Facilities:
This 2,610 square foot residence with 6 bedrooms is located on a 6,700 square foot lot. All of the business’s furniture, fixtures, equipment, as well as its property is included in the sale. Permits, license and contracts in place that should transfer in the sale include Department of Health Care Services (DHS) License, Providence and Saint Joseph’s Hospital contracts, Medi-Cal provider number as well as agreements in place.
Competition:
With the influx of baby boomers and those with congregate living needs, this is a growing industry that remains somewhat protected from nascent competition due to its stringent licensing requirements.
Growth & Expansion:
This is a relatively new business that is licensed for community living, with the real estate included in the sale. Inquire directly for details.
Support & Training: Seller will train for 4 weeks at 20 hours per week or as negotiated.
Reason for Selling: Personal
Total Sales: $675,281
Cash Flow: $194,665
FFE: $25,000