Turnkey | 12-Bed. Lic (Expandable to 15-Bed Lic.).
Business Description
NDA for Offering Memorandum / Marketing Package and Seller Disclosure Documents: https://tinyurl.com/232mbosu
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Key Investment Highlights
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- Proven Financial Performance
* 2022 revenue: $448,152
* 4.5% increase from 2021
* Projected 5.5% increase in 2023 to $472,800
- Adjusted EBITDA with Seller Add-Backs
* Adjusted EBITDA: $93,990
* Reflects $69,841 in add-backs
+ Depreciation
+ Interest
+ Discretionary expenses
- Value-Add Potential
* Increase revenue through:
+ Higher occupancy (from 80% to 90%)
+ Service expansion
+ Cost optimization
- Strategic Location
* Yucca Valley: Growing market for senior care
* Community-focused demographic
* Proximity to healthcare hubs like Palm Springs
- California Subsidies
* Access to 2025 state subsidies
* $165 million in cost-sharing reductions for Covered California enrollees
* Reduces healthcare costs
- Strong Returns
* Leveraged IRR: 12-15%
* Equity multiple: 2.5x
* Average cash-on-cash return: 17.7% over 5 years
- Industry Growth
* Senior care sector poised for expansion
* Driven by aging population
* Increasing demand for assisted living services
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Business/FF&E and Real Estate included in Purchase Price
Turnkey Assisted Living Facility / RCFE
12-Bed License (Ability to expand to 15-Bed License)
Expansion Abilities:
Ability to expand to 15-Bed Lic. by adding double occupancy in 3 of the current rooms
Ability to add another structure on the property up to 3500 sf in size, which is already permitted with the city
Building:
9-Bedrooms
7-Bathrooms (full bathrooms; sink, shower, toilet)
7,000 Sq Ft (seller converted the garage with City approvals)
Solar panels, leased, covers all electrical needs.
Includes two (2) Tesla Powerwall batteries | See details
1.60 Acre Lot
Zero advertising budget
Profitable business
Upside to increase revenue/cost per bed
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***Call Listing Broker for scheduling viewing property.? DO NOT GO TO PROPERTY UNLESS YOU SCHEDULED WITH LISTING AGENT. Do not talk to employees nor clientele.? All per Sellers request.***
-
================================================================================
Key Investment Highlights
================================================================================
- Proven Financial Performance
* 2022 revenue: $448,152
* 4.5% increase from 2021
* Projected 5.5% increase in 2023 to $472,800
- Adjusted EBITDA with Seller Add-Backs
* Adjusted EBITDA: $93,990
* Reflects $69,841 in add-backs
+ Depreciation
+ Interest
+ Discretionary expenses
- Value-Add Potential
* Increase revenue through:
+ Higher occupancy (from 80% to 90%)
+ Service expansion
+ Cost optimization
- Strategic Location
* Yucca Valley: Growing market for senior care
* Community-focused demographic
* Proximity to healthcare hubs like Palm Springs
- California Subsidies
* Access to 2025 state subsidies
* $165 million in cost-sharing reductions for Covered California enrollees
* Reduces healthcare costs
- Strong Returns
* Leveraged IRR: 12-15%
* Equity multiple: 2.5x
* Average cash-on-cash return: 17.7% over 5 years
- Industry Growth
* Senior care sector poised for expansion
* Driven by aging population
* Increasing demand for assisted living services
================================================================================
Business/FF&E and Real Estate included in Purchase Price
Turnkey Assisted Living Facility / RCFE
12-Bed License (Ability to expand to 15-Bed License)
Expansion Abilities:
Ability to expand to 15-Bed Lic. by adding double occupancy in 3 of the current rooms
Ability to add another structure on the property up to 3500 sf in size, which is already permitted with the city
Building:
9-Bedrooms
7-Bathrooms (full bathrooms; sink, shower, toilet)
7,000 Sq Ft (seller converted the garage with City approvals)
Solar panels, leased, covers all electrical needs.
Includes two (2) Tesla Powerwall batteries | See details
1.60 Acre Lot
Zero advertising budget
Profitable business
Upside to increase revenue/cost per bed
-
***Call Listing Broker for scheduling viewing property.? DO NOT GO TO PROPERTY UNLESS YOU SCHEDULED WITH LISTING AGENT. Do not talk to employees nor clientele.? All per Sellers request.***
About the Business
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 7,000
About the Sale
- Seller Motivation
- Retiring.
Listing Info
- ID
- 2245511
- Listing Views
- 5458
Attached DocumentsAttachment Disclaimer
Listing ID: 2245511 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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