Profitable Adult Day Healthcare Center (ADHC) located in the Gardena-Torrance area is licensed for 100 participants. Fully licensed, the ADHC has been operating for 9 years, 7 years under the current ownership. The current average daily attendance (ADA) is 50. Annual revenue is $1.1 million with a net profit of $100,000. There is tremendous room for extra revenue if the ADA is increased to the 100 participants’ capacity. There are about half a dozen HMO contracts in place that supply stable clientele. Owner works 2 days a week and management is in place to operate the ADHC when owner is not there. The participants are Hispanic, African Americans and Asians. Rent for the 6000 sf facility is $11,000 gross/month. Price is $1,200,000 for 100% stock of the corporation. Seller is motivated.

Posted Feb 2, 2013

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