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Business for Sale Summary

Senior Social Adult Day Care in Richmond County - 33185

Business Type: day care center ,healthcare related services,misc. servicel/non-classifiable,adult homecare assisted living
Senior Social Adult Day Care in Richmond County
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Financial Information (non-confidential)

General Information
Asking Price $175,000 Down Payment $175,000
Gross Revenues $429,779 Lease Remaining Register Free to View
Owner’s Cash Flow $96,433 Number of FT Employees Register Free to View

Financing

$175,000 Down and

Business Description

Large Staten Island Adult Social Day Care Facility. Valuable MLTC contracts in place. Approved for 68 clients- average attendance is 35-40 members. 3 MLTC contracts in place. Operating one shift 3 days per week 9am to 2pm. Opportunity for buyer to add shift and members and operate 5 or 7 days. Certified Social Worker, bilingual staff and instructors. Only 3 years old -everything is new. Cost $200k to build out. Owner bills 110 visits per week. Delicious meals and transportation provided. Fitness/recreation,arts and crafts, entertainment day trips, medication reminders, Dancing and music, salon and barber services, etc. Planned program of activities. Safe, supportive and cheerful environment. Breakfast cooked and lunch is catered in. Seven years left on lease with an option.With MLTCs in place a buyer can move the location or open additional locations anywhere in 5 boros of NYC. Members from Staten Island and Brooklyn. Owners medical practice forces sale of this business. Full time owner operator can double the business. Relevant business experience needed for a meeting with the Seller. Temporarily closed because of the Corona Virus. SOLD AS IS FOR IMMEDIATE SALE. Sold as is with no guarantee that all participants will return when center reopens after shut down is lifted. Contact broker Joseph Stansky for more information.

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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.