LISTING ID # 34659
Large, well run, 10,000 square foot, Bronx adult social day care facility. There are 7 MLTC contracts in place. This operation services a total of 70 approved members with 24 members in progress. 201 visits per week with average weekly revenue of $19,490. Eight 8 years left on the lease. Open during Covid providing tele-health and food deliveries to its members. Fully staffed facility with great director, social worker and fully trained bilingual staff. One local bilingual marketer and 2 home care referral sources. Currently runs absentee with a director. Nutritious meals and snacks are served. This is a safe, supportive, cheerful environment, with a great marketing team. Facility cost $300k to build out 7 years ago. Medicaid recipients only. There is a planned program of activities to promote social and health-related services. Nutritious meals and snacks are provided. Full daily programs five days per week from 9am to 2pm with day trips for participants. New owner can add second afternoon shift for additional revenue. There is a dance floor, arts and crafts room, computer room, relaxation room, salon and more. There are six large rooms and a backyard. Sublet revenue of $1500 per month. The business profile gross revenue is projected based on pre Omnicron 3rd quarter weekly billing of $19k per week. The seller makes NO NET INCOME representations. In 2019, Seller netted over $300,000 per year. Proof of funds and relevant prior business background is required for a meeting with the owners and to see the facility.
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