Residential Treatment Center For Sale
Location New Jersey,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $390000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1985
Number of Employees 6 - 9
Inventory $100,000 equipment & $2,500 inventory.
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training The owner will remain post closing in order to supply an appropriate transitional period.
Reason for Sale Owner is retiring after many years of success in this health service industry.
Description Licensed and approved with the NJ Department of Community Affairs and municipal zoning for residential live assistance and in house drug counseling. This center is located on three wooded acres in an affluent area of Morris County New Jersey. The zoning does not include medical detox service.
The center consists of 12,000 square feet, licensed with the department of Community Affairs as a thirty six room facility. The present business is functioning as a senior care center, however the license permits additional use including onsite live in drug rehabilitation. The facility also has an additional modern six room building, 21/2 bath to be used for additional services and an administrative operation.
The present income is derived strictly from senior care service representing a modest yearly income, however if altered to a live in drug rehabilitation center the income return can be substantially improved. The sale includes the various state licensing including the property and two buildings. The sale includes a certificate of occupancy from the particular municipality and license approval from the department of Community Affairs.
Based on the asking price, required down payment and yearly net income, this business transaction expects to supply a substantial investment return to the owner operator. The facility consist of fully operational licensed senior care center, 12,000 square feet, 28 rooms, on three & one half acres. The location also has an additional modern six room building for administration and office use. The business is located in a most affluent area of Morris County, New Jersey conveniently near various highways.
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