Description Well established multi-site chemical dependency treatment company offering both residential and outpatient care. The company provides segregated residential care for male and female adults, and provides group and individualized outpatient care for adults and adolescents. All programs are led by licensed alcohol and drug counselors. Services qualify for most major insurance plans.
The company operates four outpatient care centers and three residential care facilities segregated for male or female adult clients. The company has an excellent reputation for providing compassionate and effective addition treatment and follow-up care. Programs and approach to care are scalable. There is a current shortage of residential care for men and women in the company's current market, which provides immediate expansion opportunities. All of the facilities are attractive, modern and well maintained. All of the facilities are leased.
FY2013 revenue was $4.5 million with EBITDA of $643,000. After successfully launching and growing the company, the owners would like to sell the company as they transition to retirement. The President is committed to an orderly transition. All administrative, professional and support personnel are expected to want to stay on after the Closing. NOTE -A second addiction treatment and mental health company in the same metro area is also listed by our firm.
Contact Greg Loeschke for a Non-disclosure Agreement to receive the 24-page Marketing Memorandum.