Profitable, Well Established Assisted Living Facility

Nestled in a very desirable area adjacent to West Hollywood and Beverly Hills, surrounded by beautiful homes of well-established upscale neighborhood of Beverly Center area, Pacific Business Brokers are proud to present the Elderly Assisted Living Facility dedicated to providing a comfortable, caring, and supervised living arrangement in a family home setting. Over the years, this facility has gained a sterling reputation in the Los Angeles senior care community for their quality care, impeccable service, and outstanding record of compliance. Facility was built from ground up in 2007. Near Cedars-Sinai Hospital and medical offices. There is a continuous 24/7 quality care for 12 ambulatory and non-ambulatory residents. The long-term staff is well trained. Fenced, and gated, almost 3600 sf, 1 level building with ramps at all exits, 10 private bedrooms with 10 en-suite bathrooms, 1 public bathroom, kitchen and kitchenette, and 2 common areas. All clients are private pay. Monthly rate is between $6,500-$7,000 with upside potential. According to the Seller, annual revenue from the facility’s operation is around $800,000 and annual net income is around $220,000. Seller will train potential buyers and gladly introduce to clients’ referral sources. 100% occupied most of the times. Potential buyers are required to have clean criminal record and provide proof of funds. Please note that the building is for long term lease, only existing operation is for sale. Don’t miss this excellent opportunity! Call Alex Levitan- Pacific Business Broker (818)640-8080, and request the NDA. Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. Seller is motivated. All of the above information per Seller please rely on your own due diligence on market conditions and this industry before making any commitment and decision making. Please note that picture of the RCFE was taking from the other facility due to the issue of confidentiality! Location: West Hollywood, California Year Established: 2007 Number of Employees: 10 Real Estate: Leased Building Sq. Ft.: 3,600 Rent: $15,000.00 Per Month Lease Expiration: 8/31/2027