Treatment Center in LA. Drug/Alcohol Res.HIGH NET INC

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Background

BizEx ID:BizEx1277-EM
General Location:Los Angeles, CA
Category: Other Personal Services
Health, Medical & Dental
Years in Business:2
Under Present Owner:2
Hours of Operation:24 /7
Owner Hours:Varies
Training:2 weeks @ 40 hours
Organization Type:C-Corp
Lease Expiration:
Lease Options:Buyer to Sign New Lease
Building Size:1260 + 1,200
Employees:8
Reason for Sale:Other Opportunities

Financials

Asking Price:$7,500,000
Down Payment:Negotiable
Gross Sales:$7,000,000
Discretionary Cash Flow:$4,000,000
FF&E:$50,000
Inventory Included?Yes
Inventory:$5,000
Min. Operating Capital:TBD
Real Estate Available?Yes
Rent:$6,000
Payroll:$20

2020 - June 2019
Gross Sales $ 3,800,000 $ 3,500,000
Gross Profit $ $
Disc. Earnings $ 3,000,000 $ 2,500,000




Eric Mellem
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Don Mellem
Business Broker / M&A Advisor
4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 155
Direct: 310-882-2200 x155
Lic#: 01845922

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations