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Residential Care Facility Spacious In Palm Springs For Sale

Palm Springs, California - South, US
Asking Price:
$158,000
Sales Revenue:
Under $100K
Cash Flow:
$12,000

This 2 year old Palm Springs Area Residential Care Facility for the Elderly (RCFE) licensed with the Department of Social Service for 6 beds boasts a warm and compassionate environment in a spacious and well-manicured living space for elderly residents in need of personalized care and support.

With its excellent track record and dedication to providing high-quality services, this opportunity represents an attractive opportunity for potential buyers looking to invest in the senior care industry.

Property Information

Real Estate:

Lease

Premises Details:

This 2 year old Residential Care Facility for the Elderly (RCFE) licensed with the Department of Social Service for 6 beds boasts a warm and compassionate environment in a spacious and well-manicured living space for elderly residents in need of personalized care and support. With its excellent track record and dedication to providing high-quality services, this opportunity represents an attractive opportunity for potential buyers looking to invest in the senior care industry.

Business Operation

Expansion Potential:

New management will invariably wish to capitalize on this residential care facility’s permitting / licensing to build a stable income base by ensuring a steady stream of referring partners to ensure that it operates at full occupancy.

Competition / Market:

This 2,800 square foot facility will lease for $5,000 per month on a new long-term lease with options to be negotiated. The business’s $20,000 worth of furniture, fixtures and equipment will be included in the sale.

Reasons for selling:

Personal

Employees:
N/A
Years established:
2021

Other Information

Financing available:

Seller will agree to a small secured carry for a creditworthy buyer based on their overall offer and experience in order to facilitate an SBA or conventional loan.

Furniture / Fixtures value:
$20,000