Alcohol, Drug Detox Res Luxury Property. LA

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Background

BizEx ID:BizEx1330-EM
General Location:San Fernando Valley, CA
Category: Other Personal Services
Health, Medical & Dental
Years in Business:5
Under Present Owner:5
Hours of Operation:24/7
Owner Hours:Varies
Training:6 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:Buyer to sign new lease
Lease Options:Yes
Building Size:3930
Employees:5
Reason for Sale:Personal Reasons

Financials

Asking Price:$750,000
Down Payment:Negotiable
Gross Sales:$600,000
Discretionary Cash Flow:$360,000
FF&E:$50,000
Inventory Included?Yes
Inventory:$1,000
Min. Operating Capital:
Real Estate Available?Yes
Rent:$6,600
Payroll:$6,000
Financing:Other

Pictures


Description

Residential Drug and Alcohol Detox Treatment Facility in LA with huge potential for experienced operators.

This luxury 4,000 sq. ft. 6 bed facility in San Fernando Valley has been licensed to operate since 2018. The facility is on a 1/2 acre lot in a high-end residential neighborhood and is well appointed, well run and offers plenty of space for their patients to isolate and recover.  The owners are seasoned counselors that have focused on providing excellent care and a balance lifestyle.  Driving revenue and profitability were not a priority.

* JCAHO Accredited

* Blue Shield - in Network

This is a high-barrier to enter industry with a huge demand for services. 

Note:  The Annual Net Income is conservatively estimated.  This opportunity will not be appropriate for an SBA Loan and proof of funds will be required to submit an LOI. No Seller financing.

Un-tapped Potential: The company is set-up to increase occupancy and revenue immediately. They have a strong reputation and a small,  professional, seasoned staff is in place.  An experienced buyer can quickly maximize revenue/profits with a stronger marketing plan.  Similar facilities often earn in excess of $4,000,000 annually with profit margins exceeding 40%.

The owners have extensive experience with drug and alcohol counselling and are willing to offer a reasonable post close transition period.

For more information, you must complete the buyer registration at https://www.bizex.net/buy-business/register.


Download Setup Sheet



Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Eric Mellem
Business Broker/ M&A Advisor
4640 Admiralty Way, Suite 500
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 01220802




Dan Higgins
Marketing Consultant
4640 Admiralty Way, Suite 500
Marina del Rey, CA 90292
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#:

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