197 La Mirada Ave
Oroville, CA 95966

Developmental Disabled Care Facility w/Real Estate BTI # 8612 Developmentally Disabled (DD) 24/7 Care Facility with R/E licensed for 14 residents with huge upside potential was established in 1986 and has been thriving since inception. Referrals from government agencies keep the facility at or near full capacity at all times. The facility is licensed for 14 residents but presently only serving 6 residents. They do not provide transportation but do provide daily meals. Residents can take day trips through other government resources. Owner will only sell the business and property as a package, nothing separately. The property totals 3.86 acres with 3 separate structures totaling 3,506 sq ft. One unit is currently licensed for 8 residents and presently serving 6 clients, the other is in disrepair and one is housing for the owner. One PT owner (Mother) is not active in the business the other (Daughter) devotes only 30 hours per week to the business. A local bank has furnished a tentative guideline for a buyer where the SBA fees will push the total purchase cost to $796,400 and if the buyer puts $180,400 down the SBA may be able to loan $616,000 @ 7.25% for 25 years @ 4,553 per month. All terms subject to bank approval. Sales $284,235 Cash Flow $156,958 From Seller’s 2017 FTR 1040 Schedule C Purchase Price $770,000 Down Payment $180,400 Reason For Sale Retirement Rent $0 NNN $0 Bldg Size (Sq. Ft.) 3,506 Lease Exp N/A Option Yrs 0 Employees FT: 1, PT: 2 Owners FT: 0, PT: 2 Hours: 24/7 Farley Gouner CA DRE 01271117 farley@business-team.com 408-385-0402