Well Respected, Profitable Adult Day Care - SOLD!

Business Overview:

After a successful long run in the business, the owner of this highly reputable operation is ready to step back. This well-respected adult day care facility provides best-in-class health-related care for seniors during the day. Established almost 15 years ago, it is well known in the community for high-quality level of care. This business is a complete aging in place solution offering a suite of services including memory care, chronic care management, restorative nursing, along with socialization and activities to complement the adult day care services.

Conveniently located in a desirable well-developed area in Southeast Michigan, the facility allows flexibility for care givers to drop off their loved ones while doing errands or on the way to work. The company sets itself apart from the competition by not only maintaining stellar reputation, but offering cost-effective options, longer hours, flexibility, and complete care for their patrons with substantial opportunity for further growth.

The owner currently holds Executive Director role overseeing operations and providing guidance with core tenured staff in place. The business would be ideal for a passionate individual looking for rewarding career. Someone with marketing and business background could excel with taking the business to the next level. The owner is committed to success of the new buyer and will ensure smooth transition and training.

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Property Features and Assets:

The facility is 4,585 sq. ft of main floor space and 968 ft of loft storage space. Current lease rate with NNN is $6,678 monthly. Lease expires in April of 2023. Specifically built for adult day care center, the facility is very well maintained with excellent layout to allow patrons to feel comfortable in a cozy home-like environment.

Market Competition and Expansion:

Competition: There currently is minimal competition of the same caliber in this area. Outstanding reputation, integrity and dedicated staff allows the company to separate itself from the rest of the competition and retain their clients consistently with minimum marketing effort. Growth & expansion With long standing respect in the industry and fresh energy of a buyer this business is poised for continued growth and expansion. The senior care industry continues to grow. Baby Boomers will continue to retire at approximately 10,000/day per the US census report until the year 2030 when all baby boomers will have reached the age 65. They will then continue to need health care for many additional years. Stellar reputation of the company will ensure continuing growth.

Reason for Selling:

The owner is planning for retirement.

Additional Details:

Documents:

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