SHORE ACRES CARE CTR AND REHAB

ST. PETERSBURG, FL 33703 · Fiscal year ending 2023-12-31

109 bedsSNF

$660K

TOTAL REVENUE

−$631K

OPERATING INCOME

-95.6%

OPERATING MARGIN

109

TOTAL BEDS

376

DISCHARGES

01 — FINANCIAL

Financial summary

02 — UTILIZATION

03 — HISTORY

Year	Revenue	Operating Income	Beds	Margin
2017	$21.0M	$10.6M	109	50.3%
2018	$21.4M	$10.3M	109	48.1%
2019	$20.9M	$10.1M	109	48.2%
2020	$19.6M	$9.1M	109	46.5%
2021	$20.9M	$8.8M	109	42.0%
2022	$150K	−$357K	109	-238.3%
2023	$660K	−$631K	109	-95.6%

04 — OWNERSHIP

Owner	Type	Ownership %	Since
SHORE ACRES NURSING HOLDCO LLC	Organization	100%	—
FL MASTER OPCO HOLDCO LLC	Organization	—	—
FL SNF TRUST I	Organization	—	—
FL SNF TRUST II	Organization	—	—
GARFINKEL, ALLAN	Individual	—	—
GARFINKEL, ALLAN	Individual	—	—
MORENO, CARLOS	Individual	—	—

CROSS-REFERENCE