New Business For Sale: Treatment Facility, Drug/Alcohol, $2mm Net Inc. LA
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September 21, 2019 by Eric Mellem
Eric Mellem just launched a new listing: Treatment Facility, Drug/Alcohol, $2mm Net Inc. LA
Treatment Facility, Drug/Alcohol, $2mm Net Inc. LA
Asking: $4,500,000 • Gross: $2,500,000 • Net: $2,000,000Very Profitable Alcohol and Drug Treatment Facility - $2,000,000 Estimated Net Income for 2019
This Los Angeles based, voluntary, short term, residential alcohol and drug treatment home was opened in 2018 and has already established itself as a premium facility in the area.
The house, which is located on a quiet residential street, was recently completely renovated and is in prefect condition - allowing comfort and privacy for it's clients. It is a 6 bed facility with an additional detached 2 bedroom unit for couples or additional privacy for top paying clients.
The Property is also available for purchase.
Operations are fully compliant and licensed with the county and the state agencies. This is a very high barrier to enter industry - the founders have spent 2 years and over $250,000 just getting an approval to operate.
Most clients are only at the facility for a few days to a maximum of 30 days, with many repeat stays. Most of the billing is paid for by the customer's insurance, which reimburses upwards of $30,000 per 30 day stay.
For more information, please complete the registration at https://www.bizex.net/buy-business/register. Don Mellem, Business Broker, (949) 842-8154, dmellem@bizex.net. Eric Mellem, Business Broker at (310) 293-6414 or emellem@bizex.net
Eric Mellem
Email: emellem@bizex.net
Office: (310) 882-2200 ext 146
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker-ma-advisor/eric-mellem
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