Turnkey Two-Facility ICF (Business Only) **Sale Pending** - Business for Sale
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Two Intermediate Care Facilities in Kern County, CA
CA, US
Added 26 days ago
Intermediate Care Facilities (ICF)
Under Contract
The business operates two licensed intermediate care facilities for individuals with developmental disabilities in Kern County, CA, with a combined 12-bed license and Medi-Cal certification.
Key Information
Asking
$1.1M
Revenue
$1.6M
Earnings
$360K
Multiple
3.2x
Key Highlights
- Adjusted net operating income is $360,000 with add-backs.
- Combined 12-bed license across two Intermediate Care Facilities (6 beds per facility).
- Average occupancy is 91% (11 of 12 beds) over the last 15 months.
- Current Medi-Cal reimbursement rate is $420+ per resident per day.
- Long-term leases in place: $2,021/month for Facility #1 and $1,700/month for Facility #2.
- Optional transportation assets include two Ford Transit wheelchair vans (2018 & 2023) valued at approximately $85,000.
Contact Info
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