Business Overview:
This Agency has been in operation for over 20 years and provides services to adults and the developmentally disabled Medicaid eligible population in the Yavapai County region of Arizona. They have nearly 40% of the market share in that region. Steady growth over the past several years with seller discretionary earnings of $420,000 and $2.9M in gross revenues. Excellent administrative and caregiver workforce is in place to allow for smooth transition. The agency participates in both the AHCCS LTC (United Healthcare Community Plan) and AHCCCS-AZ DES Division of Developmental Disabilities.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
• Office #1 -6,000 square feet @ $4,750.00 Mo (NNN plus 2.75% city rental tax), 5 years from August 1, 2018 to July 31, 2023. Option to renew with approval.
• Office #2-3,124 square feet @ $3,124.00 Mo (Plus 3.0% City Transaction Tax), 5 Years from February 15, 2015 to February 28, 2020. Option to renew with potential changes in terms.
• Group Home- 4 Bedroom 2 Bath home licensed for 2 clients (could be changed to 3 or 4 with application) $1,500 per month.
Market Competition and Expansion:
Typical for the industry. Agency controls roughly 40% of the Yavapai County Market.
Reason for Selling:
Retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Documents:
Relevant Links: