Adult Daycare Facility
Off-MarketPawtucket, RI
Adult Daycare Facility
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$1,100,000
$440,000
40.0%
2014
30+ Days
Customers
Living Well operates as a structured drop-in adult daycare center serving individuals aged 21 to 121, primarily those with minimal psychological issues and no physical disabilities. Customers receive haircuts, full breakfast, full lunch, socialization, and free transportation home by 1:45 PM.
Customer Acquisition
The business is well-known in the community and relies on an extensive network of social workers, discharge planners, and group homes for customer referrals. The facility does not engage in paid marketing, instead relying on word-of-mouth reputation. There is consistent demand for services, with no shortage of potential customers seeking the center's services.
Team
The business has 9 employees and maintains state-required positions, including an Owner of Record, Master of Adult Day Care (MOAD), nurse, licensed mental health counselor, and food service manager.
Owner's Role
Owner does not actively manage the business; staff handles all operations, and he does not regularly visit the property.
Reason for Selling
The owner is looking to retire.
Contracts
No
Real Estate
The business occupies 16,000 square feet of an 80,000 square foot mill building that is owned by the seller. The facility has been at its present location since 2017 and operates Monday through Saturday from 7:30 AM to 1:45 PM. The seller is open to packaging the real estate with the business sale or leasing. The building is listed for $3.2 million, which includes a café with a full liquor license and 16–18 additional parking spaces.
When Are You Looking to Sell
ASAP
Licenses Required
The business is regulated by the State of Rhode Island Department of Health and requires specific staffing including a nurse and CNA.
Additional Notes
Medicaid, United, and Neighborhood Health plans pay approximately $69 per person per day with no out-of-pocket costs to clients.
Business ID: 1561
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