Executive Assistant Residential Home 3748sq ft. One story and one half. To receive a Business Summary and review of financials, please use the contact form to the right or skip a step and click here for a buyer profile & NDA: https://www.franchisesellers.com/nda. to ensure that the facility promotes the health, safety, and well-being of each resident residing in an adult family home. First level utilized for Residents only. 47,916-/+ SF. The Owner, is the Administrator, receives a salary of $60,300 and is responsible for payroll, bookkeeping, and purchasing the food and supplies needed for the company. The material of this web site is provided for informational purposes only. Typically, a few "levels of care" are offered, with residents paying more for higher levels of care. The assisted living facility will reserve the right to terminate the residency agreement (i.e. What kind of bank account can I have that Medicaid won't take? may want to check out Assisted Living Facilities, Alzheimer's PRINCIPALS ONLY PLEASE. The facility is on a seven-acre lot and offers privacy and the feeling of country living which is appealing to most people. We review the care and violation history of the communities with which we work, ensuring client satisfaction. Next door to a lovely day care and 1 mile from Kaiser Permanente. Established brand with a strong reputation for quality care Comprehensive training and support from experienced professionals Proven business model with low overhead and high profit margins Large and growing market with significant demand for in-home care services ***Third-party financing available for qualified buyers. If the resident is endangering staff or other residents. Typically, a rental community will offer independent living and have an assisted living facility on the premises for residents whose care needs increase, resulting in a need for additional assistance. Ready to be licensed as an ALF, or it can be used for other types of healthcare & congregate projects, group homes, etc. Hi! This Lovely Facility sits on a large park like property. This is A Community Based Adult Program. We are almost always full. CCRCs vary on how much care is included in the monthly costs and how much of the up-front entrance fee is refundable. Financial Analysis Cash on Cash Return 20.95 % Internal Rate of Return (IRR) 30.03 % Capitalization Rate 12.07 % Gross Rent Multiplier (GRM) 3.37 Debt-coverage Ratio (DCR) 1.53 Operating Expense Ratio (OER) 58.06 % The financial information was supplied by the seller and has not been verified by the broker. Currently = 80% +/- census occupancy at the time Business Listing established. Get personalized guidance from a dedicated local advisor. We are well established and established clients and staff on payroll. 3 min read Entering into a senior housing community is more like renting than buying a house. Beautiful center with top-notch reputation. Texas. ? However, it is prime for excellence. Fully furnished and turnkey ready to operate. Assisted Living Care Homes 20 beds Sahuarita, AZ Don't miss this great opportunity to own TWO assisted living care homes conveniently right next to each other. To produce this amount of cash flow in the in-home care industry you would need 30 - 40 low-wage hourly employees. Leasing SNFs and ALFs also allow smaller operators to grow quickly, building a portfolio with multiple healthcare properties under their management. On weekends and after 17:00 the reception is closed. PRODUCTS. Many types of senior living facilities are rental All three bathrooms are wheelchair accessible. There is plenty of room for expansion as there are two other care homes nearby that are empty at this time, and we are open to possibly selling as well. They come with their own set of issues for you to deal including frequent turnover. Most CCRCs will offer one, if not all, of the following types of contracts: There are pros and cons to each of these options, therefore it is important to carefully assess a seniors medical and financial situation before deciding. The amount of the refund also varies significantly as well. Additional licenses: The seller will provide a license for a DTA a daytime treatment facility, allowing for future expansion of the business. jim@theJCHgroup.com A good place for short & longer stays. Auction Platform. The owners had several years of experience working with and caring for seniors prior to founding the company. With the number of senior citizens in the United States expected to double over the nextfew decades, assisted living facilities and nursing homes will continue to play an increasingly important role. Staff includes: Full-Time Behavioral Health Techno Ians who Provides Daily Patient Care (BHT), Site Manager Adjunct Service Providers: Licensed Counselor, Psychiatric Nurse Practitioner (NP), Art Therapist, Register Dietitian (RD), Billing Specialist, Payroll Services Developed Community Partnerships with Probation Department, Psychiatric Facilities, and Recovery Programs as Patient Referring Agencies Will Provide 60 Days of Training upon Purchase Asking Price: $860K. Managing subscriptions to magazines and local newspapers. With a commitment to quality care and personalized service, this business has built a reputation as a trusted provider of non-medical in-home care services for seniors. 434 reviews. Leases. Not only that, when his partner of 31 years became seriously ill and was hospitalized over 3 hours away, we moved mountains to bring her here to be with him for her last week of life. Once again, if a higher level of care like around-the-clock skilled nursing is needed, then the resident would need to move out and sell their unit. The current owner opened and licensed the facility about 27 years ago and ready to retire. The facility is fully equipped, with a commercial kitchen, automatic fire sprinklers, fire alarm, smoke detectors, security cameras, etc. Our franchise owners average $1.9 Million with our unique business model that offers multiple revenue streams, and recurring business, all while making a positive change in the lives we serve. Facilities can be large apartment-like settings or private residences. Bruce Rosenblatt is a senior housing expert with decades of experience in the elder care industry. Come join 30+ years of experience! . this slowing of lease activity . The Buyers will have this option either soon after purchase and/or a year or two later whichever they choose. 589 W Main St Geneva, OH 44041. there are many choices and that choosing the right senior housing facility is important, so make sure to take This business provides part-time and full-time in-home care, services including companionship, meal preparation, light housekeeping, personal care, and transportation services. How to tell my sister that I should be paid or get more than 1/2 of the inheritance for taking care of mom? FIND properties to lease or buy. Upper level converted to a 1 bedroom apartment to include a full kitchen, full bath, sleeping area and living area. Broker Plans. It is not uncommon for vacancy rates to run 10% - 20% at many assisted living facilities, and that's a BIG expense. The current owner has fully updated and renovated the property in and out. Answer:Depending on your age and the circumstances of your move, you may be able to terminate your lease without penalty.In New York, there is a law (Real Property Law . The facility is licensed for 36 beds so the opportunity presents even greater upside as the . The occupancy is always at very high levels, as the need for this type of population is huge in the State of Florida. My husband with mild cognitive disorder is causing huge financial problems. We are affiliated with the largest full-service intermediary firm in multiple mid-south states, offering exit strategies to privately held business owners. They tour assisted living facilities with the families, they provide families with in-depth research and performance reviews of care options, and they provide comfort, support and expertise throughout the whole process. Opportunity Details: Industry: Developmental Disability Services Profit Sharing: 80% to partner, 20% to seller Investment: Home acquisition and furnishing Licenses and Insurance: Provided by the seller (but insurance paid by partner) Consulting: Comprehensive training provided for an extra fee (to be negotiated) Prerequisites: Experience in any of the following areas: serving the developmentally disabled population, owning a group home, medical billing/compliance. that offer some personal assistance, type your city name, select "Assisted Living" and "Low Income-Affordable", Personal Hygiene Assistance: such as bathing, grooming, toileting and incontinence care. The location of the business and its financials are available with a signed NDA and showings can be arranged accordingly. This is an absolutely beautiful 6 bed RCFE with 6 individual rooms as well are rest areas for caregivers and a private office. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate. Complementary and Alternative Medicines (CAMS) Specialized services for chronic pain relief Cognitive Rehabilitation Program (CRP) Comprehensive set of therapies designed to improve the behavioral health of our clients who suffer from cognitive impairment. Our buyers are sourced across the entire U.S.A. and include individual buyers, strategic buyers, investors and a variety of Private Equity Groups. Healthcare Business has Adult Family Homes (AFH), state licensed residential homes that specialize in providing in home care services for elderly and/or disabled adults. We weathered Harvey without any damages at all. I'm afraid my sister is trying to steal all of my moms money by being on joint accounts with her. ? Our staff is available 7 days a week and are very professional but more importantly compassionate to the needs of our clients. All Auctions Ending Soonest. She is willing to move forward with, New Owners! Manage the Emotional Toll of a Parents Move. The property has been completely renovated in and out. care and adult day care are options for seniors who prefer to live at home, and continuing care retirement For example, if you are looking in your city for low-income senior housing communities Rental communities usually provide a variety of services and amenities that are built into residents monthly payments. Occupancy 9, six bedrooms, 4 private, 1 semi private, 1 shared. $1,850,000 Cash Flow: $350,000 REAL ESTATE INCLUDED Contact Unique Successful Assisted Living Facility in North Tip Of Montery Bay Santa Cruz County, CA Unique opportunity to buy a highly successful middle/small size Assisted Living Facility with real estate. and Independent Living Facilities. There is generally less liability for operators choosing to lease. % Cash Flow in 2022 INVESTMENT HIGHLIGHTS: - $876,650 2022 Revenue - $311,153 2022 Cash Flow - $1,000,000 2023 Projected Revenue - $392,974 2023 Projected Cash Flow - $756,000 combined value of the two included facilities: the day support property and the residential home - FF&E valued at $398,973 - 12 loyal employees: 4 at the day center and 8 at the residential home - Located in the Richmond VA Metro Area. LOCATED IN GREATER NORTH HOUSTON TX - Montgomery County TX. This In-Home Elder Care franchise is here to help seniors thrive safely while living independently at home. Business Sales, Mergers & Acquisitions in the Southeast USA At 1st Commercial Lending, we specialize in structuring Assisted Living Facility Loans for new and current Assisted Living Facility Owners. Nation's largest assisted living/memory care franchise! Very Profitable, turn-key, and very well-established, privately and Independently owned, in-home senior care business in a highly desirable market San Fernando Valley. cindy@theJCHgroup.com Assisted living facilities range in size from as few as 25 residents to 120 or more. Adult Family Homes in Washington State may be licensed for up to 8 beds per home. For instance, seniors who are healthy and active may be interested in 55+ Lifestyles (also known as 55+ Communities) One block from a major hospital. Key differentiating factors often include how fees are assessed, whether an occupant owns their residence and the levels of care that are offered on the premises. The demand for services catering to the developmentally disabled population remains constant and essential. There are obviously pros and cons to owning real estate, but this type of community is most attractive to seniors who want to own something and hope to enjoy some level of equity appreciation upon resale. When you see a community you are interested in, click on the name, address or Owner leaving the country. It is licensed between 25 and 30 beds and services the mental health population of the county. All meetings must be scheduled by appointment only! Very good,quite and safe neighborhood. The care. Just a stroll away from the "Quaint & Charming Downtown Historic District" with stores & shops amid lined trees and conveniently placed benches. Should a resident require higher levels of care, there is typically assisted living available onsite for an additional per diem (daily) cost. The facility is licensed for 10 beds and features 1 private and 5 double bedrooms. 11,623 SF - 25 unit Senior Living Facility renovated in 2023 Type B Facility This Central Texas-based Assisted Living Facility with Memory Care certification is a. All data, information including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by the broker for accuracy. If you cannot obtain a purchase option, try for the right of first refusal. 17 Business for Sale Results. This includes options such as adult day services centers, assisted living communities, home health agencies, and nursing homes. No ADR's and excellent Billing History. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. Skilled Nursing Services: working with home health agencies to provide in home care such as primary care physician in-home concierge visits, physical therapists, occupational therapists, speech therapists, hospice care agencies for end-of-life care, delegated nursing services such as: wound dressing changes, insulin administration, blood glucose monitoring checks, medication administration (PRN), comfort kit administration, topical and eye drop administration, assistance with telehealth appointments (virtual). The most recent IRS guidance in this area is Revenue Ruling 98-47, which uses a three-building retirement complex as an example of what does and does not constitute . Dont delay. Home has been in business since 2009 and comes with a great reputation ? Entering into a senior housing community is more like renting than buying a house. You may ask your housing community if the contract can be amended to remove the clause.Causes for EvictionStaying in a retirement home does not come with a guarantee for permanent residence. Founded by a doctor who is also the CEO of all programs, the company has been in business for 9 years. These communities require residents to sign a lease and pay some type of security deposit or community fee. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. The location leases office space in Houston for just $450/month and can be transferred to a new owner. - Currently servicing 160 seniors, and ADA about 100. The facility is equipped with automatic fire sprinkler system, fire alarm, smoke detectors, fix generator with propane tanks, etc. As the in-home care industry surges, we have had massive growth and are looking for you! PRODUCTS. This 40-/+ bed ALF on 3/4 acre is located in Central-East Florida has been in business for over 40 years. vcard, Jennifer Contreras Agency accredited on May 2020 with average of 10 patients. Campus features two homes with modern renovations, contemporary furnishings and fixtures, and ever-expanding campus grounds Gardens, Koi Pond, and Outdoor Fitness Center. 2370 Williston Rd Aiken, SC 29803. Clague Parkway, Bay Village, Ohio. Home Furnishing Opportunity: As the partner, you will be responsible for finding and furnishing a suitable home to serve as the center for this venture. The company is a uniquely qualified facility servicing seniors and adults with physical and cognitive disabilities in French Camp, San Joaquin County, California. Properties or Businesses may or may not be listed by the office/agent presenting the information. Contact Broker Joe Cross with Pinnacle Property of Montana 406-321-4663. Interim HealthCare franchisees earn 4x more annual revenue per territory than competitors. These two homes have been in the community for many years and are well know resulting in many walk-ins and referrals from hospital and skilled facilities nearby. This business is driven by how many clients you have and the owner hasn't made great effort to add more she has kept the same client base, she would like to see someone add more and grow this business. We meet with our clients and are physically present on a guided tour of our recommended living options. Contact Omni Real Estate (Broker) via email at alfomnire@gmail.com to request a confidentiality non-disclosure agreement in order to receive more information. This business is in a recession-proof industry and caters to a growing base of the senior population. Other members of the management team include: A full-time director who is responsible for human resources, scheduling, and coordinating resident care. How does one find a professional fiduciary to serve as a Power of Attorney? Also Leasing for $6,500 per month, with the business operation selling for $150,000 (real estate is not included in the sale). This allows you to create a warm and inviting environment that meets the needs of the members being served. While its certainly a financially sound industry, assisted living is also very competitive. Explore the city and stay in a comfortable room or serviced apartment. By signing a contract with this clause, you waive your right to have a complaint heard by a judge and jury. Business Highlights: Recession-Proof Market: This business has proven its resilience during economic downturns, making it an excellent investment even in uncertain times. You do well by doing good for others. We are almost always full. PRICE NEGOTIATION AVAILABLE. Proof of funds required for tours; additional details to be disclosed with signed NDA, which can be obtained by emailing: daniel.prestigerealty@gmail.com. $1,297,000. Mobility & Locomotion Assistance: with walking, transferring, positioning, balance, weight support, lifting, range of motion (ROM) exercises, working with physical therapists, occupational therapists, speech therapists, and other home health professionals. This Active & Mature Memory Care Asst. Facilities pay a placement fee to the agency for successful placements, like a real estate commission. Assisted Living & Memory Care Company - Central Texas - Type B Facility This Central Texas-based Assisted Living Facility with Memory Care certification is a sixteen-resident facility situated on seven acres in within easy reach of hospitals and Sr-living communities. Leasing operators are typically bound to the triple net (NNN) lease, which holds them responsible for all repairs within the building, insurance and the real estate taxes. Six bed, board, and care facility for sale. Assisted Living: Everything You Need to Know. There is a dance floor, arts and crafts room, computer room, relaxation room, salon, backyard garden and more. Cleanliness 4.5. This courtyard space has been very therapeutic for both the staff member and residents since it makes them feel like they arent confined to only staying indoors.
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