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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.***