Day Care For Seniors
Location New York,United States
Asking Price Range < $250K
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2011
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Training Yes
Reason for Sale Seller is a healthcare attorney in setups business
Description Rarely for sale. Unique business with extremely limited competition due to inability to obtain licenses/contracts. Seller provides all necessary Govt approved permits and licenses to operate and get reimbursed. Services rendered: Personal care services Care management Therapeutic recreation Ethic and religious programs special events Support groups Meals and snacks plus the support of a registered Dietitian social work services/entitlement counseling. Transportation Services.10,000 square feet (Divisible) of beautifully built out space compliant with Department of Health rigorous standards for such a business. Highly competitive rental lease agreement in place for 10years, with 5years option.Reimbursement is $80 per day per person.
Competition: Unique to the area and industry, excellent reimbursement agreements with Managed Care Company. Growth/Expansion: Current setup allows for 120 daily visits at a rate of $80 per day, hence $10,000 billable receivables. Seller could divide or expand capacity and /or add other related Medicare reimbursable services to same consumer population as part of this deal.
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