Buy a Residential Care Facility For The Elderly business for sale in Encino on BusinessesForSale.com

  • Listing ID: 846644
  • (Seller ref: 12047SFV)

Residential Care Facility For The Elderly For Sale


Location:
Category:
Type:

Listed by:


Asking price:
$325,000
Sales revenue:
$246,720
Cash flow:
$124,526
Years established:
1993
Employees:
2 FT

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A beautifully appointed retirement home for elderly, located in the heart of Encino for sale. Excellent location in upscale neighborhood. Licensed by the state, it can serve a maximum of 6 ambulatory & non-ambulatory persons. A new owner can extend the license up to 10 or even 12 people. Rooms are big enough for 2 patients per room Facility is furnished with fine antiques and comfortable amenities. The grounds contain rose bushes and variety of other flowers, enough to keep the are continuously filled with beauty and fragrance. The wellness program emphasizes optimal kosher style nutrition, hydration with snacks between meals, mental and physical stimulation. This RCFE is in business for 21 years and 16 years under same owner. Seller is retiring and motivated. Gross receipts for 2008 is $246,720 and owner discretionary earnings is $120,650.


Real Estate:
Lease
Size in square feet:
3,046

Support & training:
2 weeks at 20 hours per week following close of escrow
Reasons for selling:
Retiring

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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