RARE NY SOCIAL ADULT DAY CARE OPPORTUNITY 13 CONTRACTS - 36830

Financing

$950,000 Down and Possible with a well-qualified buyer and a personal guarantee.

Business Description

RARE NY SOCIAL ADULT DAY CARE OPPORTUNITY

13 ACTIVE MLTC CONTRACTS • CLEAN AUDITS

Exceptional opportunity to acquire a growing and fully licensed Social Adult Day Care business in New York State with thirteen (13) active MLTC contracts already in place — an extremely difficult and time-consuming asset to obtain in today’s regulatory environment.

The owners are selling the licensed corporation, existing infrastructure, and all current managed care contracts, creating a rare turnkey opportunity for an experienced healthcare operator, Home Care Agency, MLTC provider, or established Social Adult Day Care company seeking immediate expansion.

The business is certified by the Department for the Aging and has maintained clean audits and compliance history.

CURRENT MLTC CONTRACTS INCLUDE:
• Empire (Integra)
• Centers Plan
• Senior Whole Health (SWH)
• Health First
• Home First
• Anthem
• Elder Serve
• VillageCare
• CenterLight
• Hamaspik
• VNS
• MetroPlus
• United Healthcare

Additional tele-health contract included.

The business currently services approximately 80 active patients and continues to add new patients regularly. Operations currently run 6 days per week with 1–2 shifts daily, leaving significant upside potential for a qualified operator to expand services, increase shifts, add additional days, and target multiple underserved ethnic communities throughout New York State.

A qualified buyer may also have the ability to leverage the platform for future expansion into additional counties and locations.

BUSINESS HIGHLIGHTS
• Rare opportunity to acquire 13 active MLTC contracts
• Clean corporation with clean audits and compliance history
• Certified by Department for the Aging
• Approximately 2,500 sq. ft. facility
• One-floor layout
• Fully staffed operation
• 9 Full-Time and 1 Part-Time employee
• Tele-health contract included
• Transportation and some meal services outsourced, reducing overhead and fleet management responsibilities
• Significant growth potential through expanded shifts, additional patient volume, and geographic expansion

LEASE TERMS
• 5 years remaining on current lease
• Rent of approximately $7,000/month
• Lease extension available for a well-qualified buyer with strong credit

BUYER REQUIREMENTS
We are seeking a qualified Home Care Agency buyer, healthcare group, investor-operator, or experienced Social Adult Day Care operator.

A minimum of $950,000 in liquid funds is required.

Proof of funds will be requested prior to any meetings or calls with ownership.

CONFIDENTIAL SALE
All inquiries are strictly confidential.

Please do not contact staff, patients, management, or neighboring businesses regarding the sale.

All meetings are by appointment only.

For additional information, please contact:

Mel Vaz
631-767-0157
melvaz@vestedbb.com

In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.