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• <br />• <br />0 <br />CRA CARE CENTERS, INC. <br />BUSINESS FLAN <br />CRA Care Centers, Inc. (CRA Carey is a subchapter -S company incorporated under the laws <br />of the State of Florida, formers to provide services such as assisted living (SIC8052). William <br />H. (Bud) Claris its the sole owner, director, President and CEO of CRA Care (FEI#59- <br />3169878). This is a start up venture, with no current paid employees. Funding and support <br />for the corporation's start up has been provided by the firm's owner, through other business <br />ventures he owns. Mr. Clark and his consultant, Deborah Rouinelis (former co-owner of <br />CRA Care) have been investigating the assisted living facility industry for the past three years. <br />attending numerous seminars. conferences, administrator training courses, touring other <br />facilities and discussing every pertinent topic with professionals in the ALF field. <br />CRA Care plans to develop its first assisted living facility (ALF) on land located south of the <br />City of Sebastian, in Indian River County, Florida. The location is 66th Avenue, or <br />Schumann Drive, CRA Care Centers currently has two parcels of property under contract for <br />purchase, with a total of approximately 16 acres of undeveloped land. The contracts are <br />conditions upon CRA obtaining financing for the project. <br />The ALF will be the job site for approximately 35 new full time equivalent jobs. During the <br />24 months after the Indian River County CDBG award and issuance of financing to CRA, <br />CRA will create 26 of the new jobs at the ALF site. The staffing commitments are shown on <br />CDBG-E-10. Ms. Roumeliis developed this plan after careful analysis of the proposed services <br />and fees, and the staffing of similar facilities. <br />Pro -Forma financial information has been prepared for CRA Care Centers, .Int.'s assisted <br />living facility, to be called Three Palms of Sebastian. This information is included as an <br />appendix to the grant application. <br />Additional documents which are a part of this business plan include <br />1. Excerpts from the market study conducted by MDS Market Research Company, <br />Inc., <br />2. Resume of Kyle Lockeby, the proposed management consultant for the project,. <br />3. Projected Staffing <br />4. Full Operating Budget (achieved at month 17 of operation) <br />5. Monthly Operating Budget and Cash Flow, Initial 16 Months of Operation <br />6. Monthly Revenues <br />7. Furnishings and Equipment <br />, <br />