Adult Day Care
Location Maryland,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $550000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Adult Day Care for sale: service provided for 16 years olders to senior citizens who have various medical, social and therapeutic needs. Business needs full-time Program Director who can do the following or not: Registered Nurse, Social Worker, Activity Coordinator and drivers.
Location: 3 offices, 3 activity areas, 4 bathrooms, dining room kitchen, and backyard for cooking out.
Accepts ages 16 to senior citizens. Handicapped -accessible with transportation provided. Center provides breakfast, lunch and snacks. Provides activities for daily living and much more. Lots of upside, currently has 36 clients but is licensed for up to 50 clients. Could stay open longer hours. Account receivables valued at $50K. Offers several payment methods. Build- out $150K. In business for three years. No cost for licenses when meet regulations.
Reason for Sale: Family obligations.
Building Size: 4,700 Sq.Ft.
Lease: $4,700.
Utilities: $450.
Store Hours: Mon- Fri , 800am - 4:00pm with early drop-off and late stay.
Equipment: 25K, 2-15 passenger vans and 1-10 passenger wheelchair accessible van.
Gross Annual Sales: $550,000.
Owner's Net: $150,000.
Number of Employees: 9.
Monthly Payroll (Average): $16,000.
License(s) Required: Business.
Parking: Plenty.
Price: $525,000.
Contact for more information on this Adult Day Care business for sale.
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