Established and Profitable Adult Day Care in Charlotte for Sale

Business
  • Listing# : 18338
  • Listed Price : $1,600,000
  • Total Sales : $928,201
  • SIC : 8322
  • Down Payment : $160,000
  • Status : Active
  • Discretionary Earnings : $484,698

Business Type :

Medical Related Biz / Adult Day Care

Business Description :

Established Charlotte adult day care has served senior citizens and disabled adults in Charlotte and Mecklenburg County for almost three decades.  As a State-Certified Adult Day Care and Day Health Services provider, the Company helps less-than-independent seniors and disabled adults maintain some independence in daily activities in a safe group and therapeutic environment.  It also provides a safe and secure facility for caregivers to bring their loved ones to be cared for while they are at work. 

Services are provided from 7 AM to 5:30 PM, Monday through Friday, with no overnight services.  A nurse is available during these hours.  This profitable business is turnkey and ready for a new owner, as either a full-time owner-operator or semi-absentee like the current owner. The experienced staff is well-versed in the requirements, policies, and procedures of running the facility on a daily basis.  Per the definition of SDE, the financials are for a full-time owner-operator. The SDE also includes a rent expense ($117,000 in 2023).  If the buyer also acquires the real estate, they will not have this expense and will have this $117,000 available for debt service or other uses. 

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $1,325,000
    • Incl : Available
    • Inventory $500
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $5,000
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $0
    • Incl :
    • Total Assets $5,500
    • Incl : Yes

Lender Prequalified: Yes

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