Profitable Adult Day Care

Durham County, NC
Adult Day Care Center
Asking Price:$149,500
Gross Revenue:$221,500
Cash Flow:$62,100
Established Year:2016
BUSINESS DESCRIPTION

Profitable ADC ready for growth

This successful luxury adult day care (ADC) provides daytime activities for dementia and Alzheimer's clients. Participants are frail and cognitively or mentally impaired requiring substantial assistance. Participants spend a partial day or whole day at the ADC. The center was professionally designed to mentally and physically stimulate participants. Clients are multi-year participants, loyal, and 100% private pay and out-of-pocket covered. Over the past 3 years, the ADC generated a 30+% Cash Flow on Net Sales. The new owner can earn up to a 35% Cash-on-Cash return on investment. The local healthcare industry is enjoying substantial growth. Young professionals are attracted to the region and bringing their elderly parents. Many older Americans including veterans are settling in the regions and require additional services. Demand is expected to exceed available services for the foreseeable future. The ADC is one of the few luxury adult day care centers in this growing region.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Employees
3
Facilities
This is a professionally designed center with luxury accommodations, a media room, and activity center. Over 2,700 SF of leased space including administration area. Landlord will consider a new lease.
Competition
The ADC is a luxury center - one of the best in the county. Most local competitors only provide basis services.
Growth & Expansion
ADC has steady gross receipts and cash flow. The market is primed from growth as the population continues to grow despite Covid 19 impacts to the region.
Support & Training
Seller is willing to provide a reasonable training period. A state administrator's license is required to operate the ADC.
Reason for Selling
Owner wants to retire
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Nathaniel
James
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Nathaniel James