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Sun Valley Congregate Living Facility Property In Los Angeles For Sale

Los Angeles, California - South, US
Asking Price:
$1,650,000 Furniture / Fixtures included
Sales Revenue:
$964,516
Cash Flow:
$180,678

This Sun Valley Congregate Living Facility sale includes a 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 Registered Nurse (RN), 11 licensed vocational nurses (LVNs), and 8 certified nursing assistants (CNAs), and currently has 5 residents.

Property Information

Real Estate:

Real Property Included

Premises Details:

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.

Size in square feet:
2,610

Business Operation

Expansion Potential:

This is a relatively new business that is licensed for community living, with the real estate included in the sale. Inquire directly for details.

Competition / Market:

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.

Reasons for selling:

Personal

Employees:
20
Years established:
2014

Other Information

Support & training:

Seller will train for 4 weeks at 20 hours per week or as negotiated.

Furniture / Fixtures value:
$25,000 - included in the asking price