Asset Adult Day New England- 8% Cap
Accepted Insurances / Funding Sources
Alzheimer’s Support Network (MA)
Bankers Life Long Term Care Insurance
Connecticut Department of Social Services (CT)
Fallon Health – NaviCare Senior Care (MA)
John Hancock Long Term Care Insurance
MassHealth (MA)
MetLife Long Term Care Insurance
Optum / Veterans Administration (VA) Community Network (CT, MA, RI)
Private Pay
Prudential Long Term Care Insurance
Senior Resources (CT)
Senior Whole Health (MA)
Tri-Valley Elder Services (MA)
Tufts Health Plan (MA)
United Healthcare Senior Care (MA)
Location 1 (ADH 1)
Facility Type: Leased
Licensed Capacity: 34
Annual Revenue: $1,073,578
Location 2 (ADH 2)
Facility Type: Owned
Licensed Capacity: 60
Building Size: 14,000 sq ft (approx. 10,000 sq ft currently in use)
Lot Size: 5 acres (approx. 1 acre currently utilized)
Expansion Capability
Existing square footage and bathroom infrastructure support regulatory capacity of up to 130 participants.
Significant room for growth without major facility upgrades.
Lease Option
NNN Lease: $180,000/year
Property Valuation & Cap Rate
Property Value: $2,200,000- Additional Cost (4.5M total)
Net Operating Income (NOI): $180,000 (NNN lease)
Cap Rate: 8.18%
Annual Revenue
$1,489,996
Combined Financials
Total Revenue: ~$2.56M
Net Earnings (Tax Basis): $498,000
Add-Backs:
Repairs & maintenance on building: $60,000
EBITDA: $548,000
Financials (USD)
Asking Price $2,300,000
Cash Flow $548,000
Sales $2,600,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Yes
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