Social Adult Day Care - Business for Sale
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Social Adult Day Care Facility in New York City
NY, US
Added 5 months ago
Social Adult Day Care
20 years in business
This business is a 13-year-old social adult day care facility located in New York City, operating from a 10,000 sq. ft. renovated space with 270 active members and 13 MLTC contracts, providing transportation and daily activities for seniors.
Key Information
Asking
$3.6M
Revenue
$2.7M
Earnings
$600K
Multiple
6.0x
Key Highlights
- Business has been established for 20 years
- Facility is 10,000 sq. ft. over two floors with an elevator
- 13 major MLTC contracts held
- 270 active in-person members with 620-650 visits per week
- Operates 7 days a week with two shifts daily
- Transports members using 10 vans (5 owned)
- 15 staff members employed
- Seller will retain accounts receivable; no bank financing considered
- Proof of $1 million liquid funds and relevant healthcare background required for further disclosure
Contact Info
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