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Business for Sale Summary

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
Owner Financing
Social Adult Daycare
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Financial Information (non-confidential)

General Information
Asking Price $1,750,000 Down Payment $1,250,000
Gross Revenues $1,259,523 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. 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.

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