Growing Social Adult Daycare

LISTING ID # 36830

Growing Social Adult Daycare Social Adult Day Care w/ 13 Contracts. Year over year growth! The owners are selling the licensed business and thirteen (13) current MLTC contracts- Empire (Integra), Centers Plan, Senior Whole Health (SWH), Health First, Home First, Anthem, Elder Serve, Village Care, Center Light, Hamaspik, VNS, Metroplus, and United. In addition, they have a tele-health contract. This is a clean social adult day care corporation with clean audits. Certified by Dept of Aging. They currently have 80 patients and are adding new patients each day. They operate 6 days/wk with 1-2 shifts. A qualified buyer can add additional locations in different Counties, add days and shifts and service many different ethnic populations. The sale does not include vehicles as they have outside contracts for transport and some meals. In the past year, the business grossed approx. $1,021,690, with an owner benefit of approx. $271,511. The business is located in a spacious 2,500 sf, one floor space. There are 5 years left on the current lease with a rent of $7,000/mth. That lease can be extended for a well-qualified buyer with good credit. The business is fully staffed with 9 FT and 1 PT employee. We are seeking a Home Care Agency buyer or experienced Social Adult Day Care buyer with at least $2,000,000 in liquid funds. Proof of funds will be requested before any meetings/calls with the owner can be made. All meetings must be made by appointment only!