Link copied to clipboard.

Medically Assisted Residential Recovery Center - High Demand

Los Angeles, California
Health and social services
Company Data
Price
$9.5M
40%
Revenue
$7.2M
Top 10%
Profit
$2.9M
3X
Business Overview
About the Company
Excellent opportunity to help others. Medically Assisted Residential Inpatient Treatment is considered the most effective Addiction Treatment program available today. Semi-Absentee Owner. This three-year business is a 12 Bed facility where the patients stay 24/7 for about 20-30 days to detox and recover under medical and professional supervision. A facility expansion to 18 Beds is expected to be online in about 45 days. Out-of-Network Medical insurance pays for about 95% of the patients. The facilities are CA State Department of Health Licensed and is JCAHO Certified and IMS Accredited. The Buyer need not have a License or Certification to Own the facilities. Approximately 25 employees. The business has an experienced Operations Manager. The facilities are leased, long-term leases are available. The real estate is not included and may be leased. Seller is looking for all Cash or Loan to Cash. Experienced business buyer or buyer with experienced advisors is preferred. 90% SBA Financing Available to qualified Buyers. Buyer should have at least $2Million Liquidity and at least $4 Million Net Worth including Real Estate. This is a Seller requirement not SBA requirement. Assuming the Buyer achieves a $2,900,000 Annual EBITDA or Cash Flow same as the seller the 90% Loan of $8,550,000 with 10% APR would have an annual Debt Service of approximately $1,280,000 leaving $2,900,000 - $1,280,000 = $1,620,000 Residual Buyer Cash in the first twelve months resulting in a Return of Down Payment of $950,000 in seven months or 135% Cash on Cash Return NDA required to receive Confidential Information Package including three year of Profit and Loss Statements.
Contact Seller
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Find Profitable Businesses For Sale
Premium listings available exclusively through Openfair. Each represents a strategic opportunity for growth.
;