Adult Day Health Care Center
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $600000
Net Profit / Cash Flow $240000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2001
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training 4 weeks at 20 hours per week following close of escrow.
Reason for Sale Other interests.
Description ADHC Located in Los Angeles area is licensed for 80 people. This 4000sq ft. facility has been fully licensed and operating for 6 years. Price is 800,000. The Center has a qualified staff in place including program Director, Nurses and Therapists. Owner works only half time. Average attendance is 43 participants / day. The Center is currently operating way below License capacity of 80. Current Revenue is $50,000 / month and net profit of $2,000 / month. Rent is $6,060 / month gross. Facility lease is through 2114 with one 10-year option. Significant growth potential makes this ADHC an attractive buy. The Facility is located in a densely populated area just south of Downtown Los Angeles. No more ADHC licenses are being issued, so there is no more new competition. Email or contact Rashid Khalid at (818) 342-5222 ext 324 for more information on this Adult Day Health Care Center for sale.
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