Res Detox, Drug/Alcohol Treatment Facility, LA

Home / Listing / Res Detox, Drug/Alcohol Treatment Facility, LA

Background

BizEx ID:BizEx1330-DH
General Location:San Fernando Valley, CA
Category: Other Personal Services
Health, Medical & Dental
Years in Business:3
Under Present Owner:3
Hours of Operation:24/7
Owner Hours:30 per week
Training:4 weeks @ 20 hours
Organization Type:S-Corp
Lease Expiration:Buyer to sign new lease
Lease Options:Yes
Building Size:3930
Employees:7
Reason for Sale:Personal Reasons

Financials

Asking Price:$2,850,000
Down Payment:Negotiable
Gross Sales:$4,000,000
Discretionary Cash Flow:$3,000,000
FF&E:$50,000
Inventory Included?Yes
Inventory:$1,000
Min. Operating Capital:TBD
Real Estate Available?Yes
Rent:$6,600
Payroll:$14,000
Financing:Other

Pictures


Description

Residential Drug and Alcohol Detox Treatment Facility in LA with HUGE INCOME POTENTIAL

This luxury 4,000 sq. ft. six 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. 

This is a very high-barrier to enter industry with a huge demand for services. We recently Listed for Sale a similar company and received numerous offers for close to $8,000,000.

Note: the Annual Revenue and Net Income listed is projected, not current 2020s due to COVID shut-down for months. The business is open and operating with great success. We can document another similar company's Income Statement showing $600,000 average monthly revenue with a 80% profit margin.

Huge Potential: the company is set-up to increase occupancy and revenue immediately. A professional, seasoned staff is in place. A similar 6 bed facility in the area has generated $3,000,000 in Net Income for 6 months in 2020. A business minded buyer can quickly maximize profits with a stronger marketing plan, which the sellers can help create.

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.




Dan Higgins
Business Broker/ M&A Advisor
4551 Glencoe Ave. #210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 166
Direct: (714) 719-1809
Lic#: 02114580




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

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