Seller's Contact Information
- RE: Adult Day Care Center
- Contact: Ron Cervelli
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $929,000 | |
| Net Profit: | $387 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | 494,366 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2016 | |
| Employees: | 11 | |
| BBN Listing #: | 54003909 | |
| Broker Reference #: | SVS498 |
Business Overview:
Adult Daily Living Center, with absentee owner, specializes in day programming for older adults, and also adults who have special needs. The day center provides a nurse on staff daily, as well as lunch, accommodating special diets. This Senior adult services Center is an approved provider established in Orange County New York operating as a Clinic/center with a focus in adult day care . The center has a NPI number and the provider is registered as an organization and their NPI record is up to date. The company has a gross income of $929,000 and can evidence a three figure net yearly income to the owner operator. Adult day care programs provide caregivers with a needed break while giving older people a chance to socialize with their peers and alleviate the isolation and loneliness that many experience. Traditional community senior centers can be a great place for relatively healthy older people to exercise or take classes, adult day care centers also serve those with physical or cognitive disabilities who may need more supervision and services. More than half of older attendees at adult day care facilities have cognitive impairment, according to the National Adult Day Services Association (NADSA), an industry group. Evidence shows that older people who attend these centers have a better quality of life. A research on adult day care programs, published in the journal the Gerontologist, found that they provided health-related, social, psychological and behavioral benefits for participants, particularly those with dementia and other cognitive impairments. This Senior adult services Center is a provider established in Orange County New York operating as a Clinic/center with a focus in adult day care . The center has a NPI number and The provider is registered as an organization and their NPI record was last updated one year ago. This is a wonderful dependable business opportunity with continued growth potential to a motivated owner operator.
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Property Features and Assets:
This company is conveniently located in Southern New York, Orange County with continued community need for this particular service. The facility consists of 1,800 square feet with a clean attractive appearance.
Market Competition and Expansion:
The competition is not a factor due to the state licensing requirements for this industry and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Reason for Selling:
Relocating out of state
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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