I/DD Residential Services Company Located in the Greater New York City Area
For Sale in NJ
Financial & Assets Details
About the Business
Business Description
All Buyers - Individual(s) or Corporation(s)
Must Provide Resume(s), Proof of Net-Worth, and/or Revenues, Proof of Funds to make the Purchase, and Purchase Plan.
All Buyers are Introduced to the Seller based on the Buyer submission of Information. Approval Granted by the Seller, to the Buyer to Review the Offering Book in Detail.
It is expressed that American Healthcare Capital Does NOT Advise Sellers or Buyers to engage another party with no experience in the Healthcare Industry and/or other industry; and rejects potential sellers or buyers based on lack of industry knowledge a factor in qualification of any seller and/or buyer engagement.
QUALIFIES FOR SBA FINANCING INQUIRE
Growth & Expansion
The company’s payer breakdown is 100% private pay, although they also receive Medicaid payments for certain cases. In 2016, the company generated approximately $1.3 Million in revenue with an adjusted EBITDA of $280,000 (22.1%). In 2017, the company is expected to gross $1.4 Million in revenue with an adjusted EBITDA of approximately $350,000 (25%). Their average census is 72, and summer months are their peak season. They also receive 16-20 new admissions per month during their main enrollment period. This is a turn-key operation, and ownership is lightly involved in the day to day. They are selling to pursue other business endeavors.
Market Competition:
I am pleased to introduce a Residential I/DD services company located in the Greater New York City area. The company has been in business for over 50 years and offers a variety of specialized on-site programs for I/DD children and young adults. Their service area spans several states and counties including New York county, Long Island, Westchester, and parts of Northern New Jersey, Connecticut, Washington DC and Philadelphia. The campus sits on 40 acres of land and includes 33 structures, the majority of which are used for room and board.
Location Details:
Greater New York City area.
Support & Training
This is a turn-key operation, and ownership is lightly involved in the day to day. They are selling to pursue other business endeavors.
