Four (4) upscale, Independent licensed RCFE Facilities for sale in Orange County, California, located in million-dollar plus home sections, single story homes with 4-car garages, very elegant courtyards, complete with paved entries and water fountains.
This 15-year-old business offers elegant and upscale board and care services to the elderly population. Clients pay $3,200/mo. and up for shared rooms and $4,500/mo. and up for private rooms. The Company operates out of a home office, with the owner and a PT secretary. For each RCFE facility there are 2 Caregivers that cover 24/7. The business has two Admins, supervising all four facilities.
Throughout its 15 years operation, the business has developed a reputation for highly personalized and high-quality services as well as an upscale style of living. Its excellent reputation in serving clients and with its employees, has earned this company solid relationships with its referral sources.
Since this is not a franchise there are no royalties paid on gross revenues throwing more profit to the bottom line. Additionally, there is no restrictive territory and thus the business opportunity is not limited to a small population pool but can be expanded to whatever level the new owners desire. The new owners can expand to multiple facilities and scale the company as the need for these services is growing.
The employees are W2 and are willing and wanting to work with a new owner. This is a great opportunity for a new owner to come into an established business with a huge growth potential.
Companies in this industry provide long-term skilled nursing care, other types of care, and social services in residential facilities. Major US companies include Brookdale Senior Living, Genesis Healthcare, Golden Living (owned by GGNSC Holdings), and HCR Manor Care (all based in the US), along with Bupa (UK), ExtendiCare (Canada), Korian (France), and Orpea (France).
The proportion of people over 60 is expected to grow from 12% to 22% of the world's population between 2015 and 2050, according to the World Health Organization. While the number of nursing facilities varies by region, a growing number of countries -- particularly those with some form of national health insurance -- are experiencing an increase in demand for long-term care options for their aging and infirm citizens.
The US nursing homes and long-term care facilities industry includes about 85,000 establishments (single-location companies and branches of multi-location companies) with combined annual revenue of about $235 billion.