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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Adult Day Health Care Services

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1070000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2003
Number of Employees  10 - 19
Inventory  3000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  4 weeks at 30 hours per week following close of escrow
Reason for Sale  Other interests
Description  Profitable Adult Day Healthcare Center (ADHC) located in the Gardena-Torrance area is licensed for 100 participants. Fully licensed, the ADHC has been operating for 9 years, 7 years under the current ownership. The current average daily attendance (ADA) is 50. Annual revenue is $1.1 million with a net profit of $100,000. There is tremendous room for extra revenue if the ADA is increased to the 100 participants' capacity. There are about half a dozen HMO contracts in place that supply stable clientele. Owner works 2 days a week and management is in place to operate the ADHC when owner is not there. The participants are Hispanic, African Americans and Asians. Rent for the 6000 sf facility is $11,000 gross/month. Price is $900,000 that includes the vehicles. Seller is motivated. For more information, please contact Rashid Khalid at 818-342 5222 x324.
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