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Adult Day Health Care Opportunity For Sale
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1805000
Net Profit / Cash Flow $275860
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 1 - 3
Inventory 1
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours per week.
Reason for Sale Other business.
Description Excellent Opportunity to invest in successful ADHC located in the beautiful ocean front neighborhood in Los Angeles County. 180 patrons capacity, currently about 80-90 people are visiting. They are open 5 days a week 10 am to 3 pm. Since ADHCs were open in 1970-1980s, where are rumors every year that Medical is going to close them any time now. They are still here, helping people, making money and they are not going anywhere! Recently Sacramento was trying to reduce these operations from 5 to 3 days, now they are back to 5 days. Professionally and creatively run ADHCs are still very lucrative business, and even in tough times like now Medical is paying its bills. There are opportunity to increase number of participants thru advertising, networking and other marketing venues. Annual Revenue is around 1.8M and Discretionary Earnings are around 260K. Medical provider number, some fixed assets are included. I also represent multiple Medical Home Health Care Agencies in Los Angeles County and Pharmacies in Riverside, Los Angeles and Ventura Counties in the price range from $160,000 to $1,500,000.
Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. Seller is motivated. All of the above information per Seller, please rely on your own due diligence on market conditions and this industry, before making any commitment and decision making. EMAIL OR CALL ALEX LEVITAN, SUNBELT BROKER (818) 640-8080 for more information on this Adult Day Health Care business for sale.
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