Detox Facility. LA. Residential. Huge Profits.

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Background

BizEx ID:BizEx1427-EM
General Location:Los Angeles, CA
Category: Consumer Services (B2C)
Healthcare
Years in Business:1
Under Present Owner:1
Hours of Operation:24/7
Owner Hours:Varies
Training:4 weeks @ 40 hours
Organization Type:C-Corp
Lease Expiration:2024
Lease Options:Yes
Building Size:1,365
Employees:13
Reason for Sale:Partnership Dissolving

Financials

Asking Price:$3,500,000
Down Payment:Negotiable
Gross Sales:$3,000,000
Discretionary Cash Flow:$2,000,000
FF&E:$240,000
Inventory Included?Yes
Inventory:$5,000
Min. Operating Capital:
Real Estate Available?No
Rent:$4,000
Payroll:$15,000

June - Dec 2023
Gross Sales $ 1,500,000
Gross Profit $ 1,300,000
Disc. Earnings $ 1,100,000

bizex

Description

Residential Substance Abuse Home in Los Angeles.

Huge Profits - $1,000,000+ net income for the last 7 months.

Currently licensed for 4 beds, with 2 more available with the ADU. 

They primarily get their clients from word-of-mouth and referrals due to their strong relationships with healthcare professionals, therapists, and past clients. This ensures a steady flow of individuals seeking rehabilitation services. The company conducts workshops, webinars, and informational sessions to educate the community about addiction, treatment options, and the importance of seeking help.

Licenses include: DHCS, CLIA and JCAHO. Not In-Network currently.

This company was founded January 2023 so no SBA financing available. Possible Seller Note available with a well qualified buyer.

We are looking for a buyer with industry experience with proof of funds. Reminder: this is a 1 year old company.

For more information, please complete the BizEx Buyer Registration at https://www.bizex.net/buy-business/register. After registration, Brokers Eric Mellem and Dan Higgins can assist with any questions.


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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
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 146
Direct: (310) 293-6414
Lic#: 1220802




Dan Higgins
Marketing Consultant
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
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