Price: $1,400,000
Location: Orange County, New York
Industry: Services
Listing ID: svs507
Adult Daily Living Center, with absentee owner, specializes in day programming for older adults, and also adults who have special needs. The day center provides a nurse on staff daily, as well as lunch, accommodating special diets. This Senior adult services Center is an approved provider established in Orange County New York operating as a Clinic/center with a focus in adult day care . The center has a NPI number and the provider is registered as an organization and their NPI record is up to date. The company has a 2022 gross income of $929,000 and can evidence a three figure net yearly income to the owner operator. Adult day care programs provide caregivers with a needed break while giving older people a chance to socialize with their peers and alleviate the isolation and loneliness that many experience. Traditional community senior centers can be a great place for relatively healthy older people to exercise or take classes, adult day care centers also serve those with physical or cognitive disabilities who may need more supervision and services. More than half of older attendees at adult day care facilities have cognitive impairment, according to the National Adult Day Services Association (NADSA), an industry group. Evidence shows that older people who attend these centers have a better quality of life. A research on adult day care programs, published in the journal the Gerontologist, found that they provided health-related, social, psychological and behavioral benefits for participants, particularly those with dementia and other cognitive impairments. This Senior adult services Center is a provider established in Orange County New York operating as a Clinic/center with a focus in adult day care . The center has a NPI number and The provider is registered as an organization and their NPI record was last updated one year ago. This is a wonderful dependable business opportunity with continued growth potential to a motivated owner operator.
Listing Details
Revenue: $929,000
Cash Flow: $387,305
FFE: $240,000 (Included in Price)
Inventory: $1,000 (Included in Price)
Form of Ownership:
Non Profit
Reason For Sale:
The owner has additional business interest out of the state and has elected to minimize her work position.
Training & Support:
The owner will remain post-closing in order to supply an appropriate transitional period to the new operator.
Operation
Year Established: 2016
Days & Hours of Operation: The business is active three to five days per week, with hours from 9:00 am to 3:00 pm, however a 24-hour message center services after hour calls.
Owner Hours Per Week: absentee
Employees: This adult day care agency has approximately eleven employees consisting of nine part timers and two full time managers. The employees are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $22,300.
Managers: Two On site managers
Absentee Owner?: Yes
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: $3,500
Type of Location: Active commercial Mall
Square Footage: 1,850
Relocatable?: Yes
Facilities Information:
This company is conveniently located in Southern New York, Orange County with continued community need for this particular service. The facility consists of 1,800 square feet with a clean attractive appearance.
