The Buyer will be given the first right of refusal in the event that the property is placed on the market. Senior care, personal injury recovery care, care for expecting mothers and mothers with newborn children, dementia care, pet care and more! Price: Seller has opted to price at a below market price with no negotiation on the price. ADs receive an ongoing lifetime royalty income stream, 2% for the life of each of the offices. To make matters even more confusing, there are different names that go along with each type of care option. Article 1. Board and care homes, also called residential care facilities or group homes, are small private facilities, usually with 20 or fewer residents. Priced at only $35,000! The agency was begun in May 2018 and it received its initial CDPH (California Department of Public Health) license in November 2019. Most books and records are available but historical information may be limited. By accepting our use of cookies, your data will be aggregated with all other user data. NDA for Offering Memorandum / Marketing Package and Seller Disclosure Documents: https://tinyurl.com/2p4f9vr7 - Business and Real Estate included in Purchase Price Turnkey Assisted Living Facility | 6-Bed License Nestled in a residential community with quick access to main roads and commercial Profitable business with upside to increase revenue/tuition Zero advertising as business is well known and loved in community Insert yourself as Administrator Administrator is the seller and need to be replaced The rest of the staff is ideal for buyer to absorb Staff: 3 full time & 1-part time Assisted Living with waiver for Dementia care & Hospice (All 6 patients could be on Hospice care) Currently 5 of 6 beds with residents (3 rooms are single use and 4th is double occupy.) If Buyer opts to use an escrow, Buyer to assume all escrow costs. Error occurred with your registration, please try again. A landlord may not consider doctor's offices or diagnostic labs as specialty uses, but there are several lease provisions that may warrant special attention when a tenant is a medical service provider. Call Alex Levitan- Pacific Business Broker (818)640-8080, and request the NDA. With buyer(s) application and approval from CDSS you could expand to a 20-Bed License by doing double-occupancy in 10 of the 11 bedrooms. Includes all Furniture, Fixtures, and Equipment. **Please contact Jordan for more information. The care provided is not medical and only assistive in nature. The homes are located within the Vintage Reserve neighborhood, they are within two blocks of each other . We have a Joint Commission accredited home health agency located in Northridge (LA County) which was begun in 2019 and has been granted its accreditation from March 2022 to March 2025. Unofficial Rules Residential Care Homes, OAC 310:680 License Application and Attachments (10 Cap on Recent Performance) Qualified buyers should contact us for more information. Remember passwords are case sensitive. The other eleven (11) you will market and qualify potential candidates. Broker can provide a list of healthcare industry friendly institutional lenders to assist with any financing needs. Seller is now planning on retiring. All parties who voluntarily choose to schedule a face-to-face meeting assume the risk of contracting COVID. The new owner will not have to do any architectural or other CLHF modifications to the home, which will be huge money savings. BASIC SERVICES A. TERMS: The Seller is willing to work with the buyer by offering the following terms for the business: Down Payment of $200,000, a 2-month gap post close of escrow and 6 monthly payment for the remaining balance. These growth trends are happening nationally as more families are choosing in-home care over nursing homes. Zoned R-2 with Rare Conditional Use Permit from the city allowing 15 residents. This business is not a franchise. Residential Care Facility for the. The facility has 3 bedrooms, 2, This property has been used as a residential care facility for over 15 years. The three residences (real estate) is being sold separately for a total of $3.4M. Please contact the Broker, Frank Costa, for additional information at (818) 653-3480 or frank.costa@sunbeltnetwork.com Disclaimer: The information has been supplied to the Broker by the Seller. There is a continuous 24/7 quality care for both ambulatory and non-ambulatory residents. Medicare & Medicaid certified. Become a part of one of the most profitable industries in franchising. 90% occupied most of the times. * It is imperative that ALL potential buyers: (1) Sign an NDA, (2) provide Proof of Funds (redacted), (3) provide a Buyer Profile with a Buyer Representation for this one business and (4) understand that no direct communication with the clinical or administrative staff is expected as a part of the pre-due diligence phase of the sale. Cooperation limited to CalDRE Licensees with extensive experience in healthcare business sales. Active clients and caregivers Senior-focused care offering a continuum of care services including companion and licensed personal care, care coordination, Great starter business that has longterm residents and staff. CDC is committed to keeping long term care patients safe from . COMPASS, David Lubell DRE # 01928231. Old-world elegance with this Victorian-built home that was specifically designed for long-term care. I have a beautiful 6 Bedroom / 3 bathroom home and 6 Bed RCFE for sale located in the very desirable area of Fountain Valley. Information contained in this document is provided solely by the seller. Please try another or click, By clicking the button, you agree to LoopNet's, VIEW MORE HEALTH CARE AND FITNESS BUSINESSES FOR SALE, VIEW MORE BUSINESSES FOR SALE IN POPULAR CATEGORIES, VIEW HEALTH AND SENIOR CARE FRANCHISES FOR SALE IN UNITED STATES, Passwords is too common or does not have at least 8 characters. Searching for Assisted Living Facilities? Seller is no, This property has been used as a residential care facility for over 19 years. You also receive 3.6% of each homes total yearly revenue as your royalty. * TERMS: The Seller prefers a cash sale but he would assist the Buyer with seller carry with the following terms: 50% down with 3 4-month timeframe at a 0% interest rate. * Census: this is a brand-new agency with no census, no prior billing. No previous experience required. According to Genworth's 2018 Cost of Care Survey, the state's average costs are significantly lower than expenses in most other states. Owner financing is available. This office is in a prime location and low competition in this zip code and very close to many assisted living facilities. All homes and businesses are to be purchased as a portfolio. Seller will consider a: Seller Carry / Seller-Carry / Seller Financing / Bond For Title / Owner Financing / Seller Carry Note / Carry Back Note / Hold Paper / Carry Paper / Seller Takes Back a Mortgage / Owner Will Carry - ***Call Listing Broker for scheduling a showing. If you continue to see this message, your account may be locked due to too many failed attempts. CHLF This facility can be used for the any type of businesses like. RCFE, ARF or any one amonung this list Skilled Nursing Facilities (SNF) Intermediate Care Facilities (ICF) General Acute Care Hospitals (GACH) Hospice Facilities (HOFA) Skilled Nursing Facilities (SNF) Intermediate Care Facilities (ICF) Skilled Nursing Facilities (SNFs) General Acute Care Hospitals (GACH) Acute Psychiatric Hospitals (APH) Chemical Dependency Recovery Hospitals (CDRH) General Acute Care Hospitals (GACH) Special Hospitals (SH) Skilled Nursing Facilities (SNF) Congregate Living Health Facilities (CLHF) Hospice Facilities (HOFA) Adult Day Health Center ADHC Alternate Birth Center ABC Ambulatory Surgical Center ASC Chronic Dialysis Center CDC End Stage Renal Dialysis ESRD Home Health Agency HHA Hospice Facility HOFA Primary Care Clinic PCC Psychology Clinic PSYCH Referral Agency REFRLAG Rehabilitation Clinic REHABC Rural Health Clinic RHC Surgical Clinic SURGC, This is the best opportunity to start new business as a RCFE facility, you must have administrator license to see or to proceed for this business, Facility is already approved, and has fire exits, fire sprinklers, it is on ground floor, 6 bedrooms, 3 baths. The geographical position of this care home makes it modern and wonderful. All parties who voluntarily choose to schedule a face-to-face meeting assume the risk of contracting COVID. Cost for a twelve (12) unit Area Developer franchise is $238,000. Non medical In home care Market is estimated to be in excess of 30 Billion dollars by the year 2025. We take the guesswork out of running a successful senior care/home care business! Healthcare Biz Brokers does not work with non-licensed buyer representatives (i.e., finders). We will help the new owner seek approval for reimbursement through Medicaid and Medicare, as well as long term care insurance, Veterans benefits, and more! Any agreement or decision by the buyer to pursue a transaction regarding this business should be based on further investigation by the buyer. Gross income is $52,000/month. The home has been built-out to facilitate the CLHF licensing and the patient population. 805-908-5431. The current offering . Some of the largest and most successful franchise systems have grown using area development (Massage Envy, Century 21, McDonalds, Subway, etc.) The facility has 3 bedrooms, 2, This property has been used as a residential care facility for over 15 years. Gross receipts are approximately $400,000. Say goodbye to household tasks and hello to a lifestyle focused on wellness, healthy activity, and friendships. Has a brand new ADU that is perfect for on-site, live-in Administrator or staff, or create rental income. The facility has been fully built out with a backup generator in place, a curbless shower in place, a commercial dishwasher, and egress to all of the rooms and more. In addition, the facility offers several other programs, including but not limited to: Assisted Living Services, Respite Care Services, Hospice Care, Adult Day Services (separately licensed ADC), Transportation Services, and Concierge Services. The facility has a living space of 2,664 sq-ft, This vacant house has been completely remodeled, everything is new, from the kitchen, bath, This vacant house has been completely remodeled, everything is new, from the kitchen, bathrooms, AC and heater unit, This fully occupied 6 bed RCFE is located in Garden Grove with 4 Beds, 2 Baths 1,682 sq-ft, This fully occupied 6 bed RCFE is located in Garden Grove with 4 Beds, 2 Baths 1,682 sq-ftfacility in Garden, This beautiful 4 beds 3 baths 2,487 sq-ft one-story single house is located in a highly de, This beautiful 4 beds 3 baths 2,487 sq-ft one-story single house is located in a highly desirable Vintage Reserve c. This 6 beds RCFE locates in a beautiful and quiet community. This Lovely Facility sits on a large park like property. The Office of Residential Care Facilities (ORCF) manages the Section 232 program, which provides mortgage insurance for residential care facilities such as assisted living facilities, nursing homes, intermediate care facilities, and board and care homes. Outpatient agency, with ALL Required Licenses & Permits, ALL Policies And Procedures, to Service Patients & Bill. Our franchise owners primarily offer personal care and companion services to seniors in their homes or at assisted living facilities. With no Census, no prior billing any financing needs on-site, live-in Administrator or staff, or create income... Assistive in nature a prime location and low competition in this document is provided solely the... Staff, or create rental income primarily offer personal care and companion services to seniors in their or. Real estate ) is being sold separately for a total of $ 3.4M given... Patients & Bill will be aggregated with all other user data this message, data... 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