Adult Day Health Care Center
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $867000
Net Profit / Cash Flow $81000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1999
Number of Employees 10 - 19
Inventory 75000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training 4 weeks at 40 hours per week following close of escrow.
Reason for Sale Relocation.
Description Profitable and Absentee-Run ADHC located in the San Diego area is licensed for 72 people. This 6500sq. ft. facility has been fully licensed and operating for 7 years. Monthly rent is $9,200. Price is 600,000. The Center has a qualified staff in place including program Director, Nurses and Therapists. Average attendance is 40 participants/day. Most of the participants are Russian speaking. Year 2006 revenue was $867,000 and Net Profit of $81,000 as absentee run. The Center is currently operating under the Medi-Cal Special Review procedures. The Center's attendance is way below License capacity of 72. Additional growth potential of over$500,000 annual revenue makes this ADHC an attractive buy. The Facility is located in densely populated and desirable area. . No more ADHC licenses are being issued, so there is no more new competition. The Seller has relocated and is motivated. For more information on this Adult Day Health Care Center for sale, please email or contact Rashid Khalid at (818) 342-5222 ext. 324.
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