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Adult Day Care Center

Union County, New Jersey

Asking Price: Gross: Cash Flow:
$2,500,000 $2,300,000 $615,821

Business Summary:
Established, profitable with great growth potential, serving 130 clients and can increase to 200 clients by advertising, etc. Has own phone system, has own maintenance person on staff. Offers medical service through independent doctors. Provides breakfast and lunch for which they get reimbursed. Owns 9 buses, Gas $60,000, Finance $70,000, EZ Pass $12,000, Repairs $12,000.

 
   
   
Year Business was Established: 1999
   
Number of Employees: 31ft  
   
Facilities / Terms of Lease: 12,000 sqft with plenty of parking, lease balance 10 years + option 10 years. Buses, equipment, furnishings in good condition.  
   
Potential Growth/Expansion: Can increase clients from 130 to 200 through advertising, etc.  
   
Competition: None around  
   
Owner willing to train: One month  
   
Reason for selling: Retiring.  

 

 

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