Adult Day Health Care Center
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $924000
Net Profit / Cash Flow $199200
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1999
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training 2 weeks at 40 hours per week following close of...
Reason for Sale Other Interest.
Description Profitable ADHC located in the Los Angeles area is licensed for 94 people. This 9,800 sq. ft. facility has been licensed and operating for 7 years. Monthly rent is $8,385 plus $2,000 NNN. Price is $1,200,000. The Center has a qualified staff in place including program Director, Nurses and Therapists. Average attendance is 40-45 participants/day. Center participants are 75% white, 15% Hispanics and 10% black. Revenue is $77,000/month and Net Profit of $16,600/month. The Center is currently operating way below License capacity of 94 and growing. Steady marketing effort could double the revenue and the net profit, which makes this ADHC an attractive buy. The Facility is located in very densely populated area. No more ADHC licenses are being issued, so there is no more new competition. The Seller 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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