Business For Sale. Residential Care Facilities For Elderly

SENIOR RESIDENTIAL CARE HOMES is a residential board and care business located in Southern California. The company offers a caring and healthy Assisted Living alternative for Seniors. With 6 Residents and 3 caregivers in each of 3 homes, SENIOR RESIDENTIAL CARE HOMES provides a bright, spacious and clean environment... perhaps the closest thing to living in the privacy of your own home.SENIOR RESIDENTIAL CARE HOMES is not like the typical institutionalized large population Nursing Home, where the ratio of Residents to Caregivers can be as high as 12-to-1. Instead, the ratio at SENIOR RESIDENTIAL CARE HOMES is 2-to-1, enabling all the Residents to receive extra special care while living in a warm, comfortable and roomy environment.SENIOR RESIDENTIAL CARE HOME 1, SENIOR RESIDENTIAL CARE HOME 2 and SENIOR RESIDENTIAL CARE HOME 3 are fully licensed by the California Department of Social Services as Residential Care Facilities for the Elderly. SENIOR RESIDENTIAL CARE HOME presents an unusual opportunity for a buyer interested in the health care industry. The company consistently generates over 24; 1 million in revenues annually, and exceeded 24;360,000 in seller discretionary earnings last year. The Sellers are presenting a 93;turn-key94; business by extending a lease which includes a fair market rent for the facilities, furniture, fixtures and equipment. The rent is dramatically lower than the mortgage, property tax and insurance costs that would be associated with the purchase of properties of this value. Property taxes will be included in the rent, beginning in year 2; phased in at a rate of 25%; per year.For further information, please contact Rod Gutierrez at 310-539-8300.