Listing Title: WELL RESPECTED, PROFITABLE ADULT DAY CARE
Price: $425,000
Location: Southeast Michigan
Listing ID: MI100722
Listing Status: Under Contract
After a successful long run in the business, the owner of this highly reputable operation is ready to step back. This well-respected adult day care facility provides best-in-class health-related care for seniors during the day. Established almost 15 years ago, it is well known in the community for high-quality level of care. This business is a complete aging in place solution offering a suite of services including memory care, chronic care management, restorative nursing, along with socialization and activities to complement the adult day care services.
Conveniently located in a desirable well-developed area in Southeast Michigan, the facility allows flexibility for care givers to drop off their loved ones while doing errands or on the way to work. The company sets itself apart from the competition by not only maintaining stellar reputation, but offering cost-effective options, longer hours, flexibility, and complete care for their patrons with substantial opportunity for further growth. 2022 sales are expected to come in at $640K range with healthy cash flow of $190K.
The owner currently holds Executive Director role overseeing operations and providing guidance with core tenured staff in place. The business would be ideal for a passionate individual looking for rewarding career. Someone with marketing and business background could excel with taking the business to the next level. The owner is committed to success of the new buyer and will ensure smooth transition and training.
Total Sales: $643,000
Cash Flow: $192,000
FFE: $89,000
Employees: 13
Tanya Popov, CBI, CM&AP, CEPA