Adult Day Health Care
Location California,United States
Asking Price Range $500K - $1.0M
Gross Revenues $480000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1999
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 4 weeks at 30 hours per week following close of escrow.
Reason for Sale Other interests.
Description Located in San Gabriel Valley, this Adult Day Health Care Center for sale is licensed for 150 participants. The ADHC was established 10 years ago and the current owners are operating it for almost 5 years. Rent for this 7400 sq ft facility is $7,715. Average daily attendance, ADA of 32 is a mix of Hispanics and Philippinos. Current revenue is $40,000/month. The Center is fully staffed per State regulations and includes program director, registered nurses, social workers, therapists. Medi-Cal Provider # is in good standing and Center is on electronic billing. There is a State moratorium on new ADHCs, so there is no new competition. The potential is enormous for an owner-operator who can fill the Center from within the densely populated San Gabriel Valley. Thanks to Medi-Cal reimbursements, the business is pretty much recession resistant. For more information, please email or call Rashid Khalid at (818) 342-5222 ext. 324 or at cell phone (818) 648-0635.
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