Social Adult Daycare - 35571 Business Type: day care center ,healthcare related services,misc. service/non-classifiable,other personal services,owner financing available,adult homecare assisted living
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $1,750,000 | Down Payment | $1,250,000 |
Gross Revenues | $1,680,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $516,000 | Number of FT Employees | Register Free to View |
Financing
$1,250,000 Down and $500k over 3 years @ 5%
Business Description
Large well run (6,700 sq ft) active Brooklyn Social Adult Day Care Center facility and densely populated central Brooklyn area.
Eight valuable MLTC contracts in place. Open 3 days a week with one AM shift.
The seller currently bills approximately 300 clients per week.
90 active members with average weekly visits of over 220 per week plus 45 food delivery and tele-health members.
Certificate pf Occupancy for 144 people. Owns one van and uses 2-3 contractors for member transport. All routes are within 30 minutes of the center.
Billing approximately $27,000 per week and growing. Ten(10) full-time employees and four (4) part time.
Open during Covid providing tele-health and food deliveries to its members.
Fully staffed facility with great director, marketer, social worker and fully trained staff.
Home care referral sources. Nutritious meals and snacks are served and prepared on site.
This is a safe, supportive, cheerful environment, with a great marketing team. Medicaid recipients only. There is a planned, program of activities to promote social and health-related services.
Full daily programs three days per week from 9am to 2pm with day trips for participants.
The new owner can add a second afternoon shift for additional revenue. There is a dance floor, arts and crafts room, computer room, relaxation room, salon and more.
Proof of funds and relevant prior business background is required for Seller’s permission to release the name and location of the facility and for a call or meeting with the owners and to see the facility.
No bank financing considered. Call the broker Joseph Stansky at 631-383-3109 for more details.
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.
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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.
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