Adult Day Health Care Start-up, Murrieta IE Area

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Background

BizEx ID:BizEx1331-EM
General Location:Murrieta, CA
Category: Health, Medical & Dental
Consumer Services (B2C)
Years in Business:0
Under Present Owner:1
Hours of Operation:NA
Owner Hours:NA
Training:None
Organization Type:S-Corp
Lease Expiration:Buyer to sign a new lease
Lease Options:Buyer to sign a new lease
Building Size:5,800
Employees:0
Reason for Sale:Personal Issues

Financials

Asking Price:$195,000
Down Payment:$195,000
Gross Sales:Call
Discretionary Cash Flow:Call
FF&E:$100,000
Inventory Included?Yes
Inventory:$0
Min. Operating Capital:
Real Estate Available?No
Rent:$5,684

Pictures


Description

Great Opportunity to take over a Start-up Healthcare Company with High Profit Potential

Located in Murrieta, this start-up Adult Day Health Care is a Community Based Adult Services which will offer a unique combination of adult day health care and community-based social services to Inland Empire. This is a very underserved area for these services. The location was strategically placed to access a large elder community and quality healthcare professionals.

The Adult Day Health Care (ADHC) Programs are licensed community-based day health programs that provides services to older persons and adults with chronic medical, cognitive, or mental health conditions and/or disabilities that are at risk of needing institutional care. The majority of ADHC participants are Medi-Cal beneficiaries.

Note: this company is NOT operational at this time. 

The business can handle 150 clients a day with Projected Annual Revenue of $3,000,000 with a Net Income of $750,000.

High Barrier to Enter Business: The project is about 50% completed with all TI permits approved. The owners have spent close to 2 years and almost $200,000 already with about $150,000 estimated to become operational. Due to personal reasons, the owners are looking to sell. 

There is a very detailed Business Plan and the sellers are seasoned professionals who can assist a buyer with a smooth transfer.

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

 Don Mellem, Business Broker, (949) 842-8154, dmellem@bizex.net. Eric Mellem, Business Broker at (310) 293-6414, emellem@bizex.net.


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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
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