Business Listing

WELL RESPECTED, PROFITABLE ADULT DAY CARE

After a successful long run in the business, the owner of this highly reputable operation is ready to step back. This well-respected adult day care facility provides best-in-class health-related care for seniors during the day. Established almost 15 years ago, it is well known in the community for high-quality level of care. This business is a complete aging in place solution offering a suite of services including memory care, chronic care management, restorative nursing, along with socialization and activities to complement the adult day care services.

Conveniently located in a desirable well-developed area in Southeast Michigan, the facility allows flexibility for care givers to drop off their loved ones while doing errands or on the way to work. The company sets itself apart from the competition by not only maintaining stellar reputation, but offering cost-effective options, longer hours, flexibility, and complete care for their patrons with substantial opportunity for further growth.

The owner currently holds Executive Director role overseeing operations and providing guidance with core tenured staff in place. The business would be ideal for a passionate individual looking for rewarding career. Someone with marketing and business background could excel with taking the business to the next level. The owner is committed to success of the new buyer and will ensure smooth transition and training.
Industry
Health and Medical, Personal
Segment
Adult Day Care
Asking Price
$479,000.00
Ref ID
MI100722
Established
0
# of Employees
13
Full Time Employees
0
Part Time Employees
0
Gross Revenue
$483,127.00
Cash Flow Type
Seller's Discretionary Earnings
Cash Flow
$108,677.00
Other Value
$0.00
FF&E
$89,000.00
AP/AR
$0.00
Real Estate in Asking
No
Inventory in Asking
Yes
Inventory
Included
Equipment
Included
Real Estate
Leased
Facilities
The facility is 4,585 sq. ft of main floor space and 968 ft of loft storage space. Current lease rate with NNN is $6,678 monthly. Lease expires in April of 2023. Specifically built for adult day care center, the facility is very well maintained with excellent layout to allow patrons to feel comfortable in a cozy home-like environment.
Broker/Seller