Growing Social Adult Daycare - 13 Contracts - 36830

Financing

$1,800,000 Down and Possible with a well-qualified buyer and a personal guarantee.

Business Description

Growing Social Adult Daycare Social Adult Day Care w/ 13 Contracts. Year over year growth! The owners are selling the licensed business and thirteen (13) current MLTC contracts- Empire (Integra), Centers Plan, Senior Whole Health (SWH), Health First, Home First, Anthem, Elder Serve, Village Care, Center Light, Hamaspik, VNS, Metroplus, and United. In addition, they have a tele-health contract. This is a clean social adult day care corporation with clean audits. Certified by Dept of Aging. They currently have 80 patients and are adding new patients each day. They operate 6 days/wk with 1-2 shifts. A qualified buyer can add additional locations in different Counties, add days and shifts and service many different ethnic populations. The sale does not include vehicles as they have outside contracts for transport and some meals. In the past year, the business grossed approx. $1,021,690, with an owner benefit of approx. $271,511. The business is located in a spacious 2,500 sf, one floor space. There are 5 years left on the current lease with a rent of $7,000/mth. That lease can be extended for a well-qualified buyer with good credit. The business is fully staffed with 9 FT and 1 PT employee. We are seeking a Home Care Agency buyer or experienced Social Adult Day Care buyer with at least $1,800,000 in liquid funds. Proof of funds will be requested before any meetings/calls with the owner can be made. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.