Treatment Facility, Drug Alcohol, Two Million Net

www.GlobalBX.com

Listing ID: 700340225

Listing Title: Treatment Facility, Drug Alcohol, Two Million Net

Quick Link: http://www.globalbx.com/listing.asp?bId=340225

Industry: Health and Medical

Industry Segment: Medical Clinics

Country: United States

State / Province: California

Area

City: Los Angeles

Asking Price Range: $5.0M - $10.0M

Gross Revenues: $7,000,000

Cash Flow: $4,000,000

Cash Flow Type: EBITDA

Year Established: 2018

Number of Employees: 6 - 9

Business Description:
Very Profitable Alcohol and Drug Treatment Facility. 65%+ Profit Margin This Los Angeles based, voluntary, short term, residential alcohol, and drug treatment home has established itself as a premium facility in the area. The residential treatment house, which is located on a quiet residential street, was recently completely renovated and is in premium condition - allowing comfort and privacy for its 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 or a long-term lease. Operations are fully compliant and licensed with the county and the state agencies. This is a very high barrier to enter the industry - the founders spent 2+ years and over $280,000 just getting set-up and an approval to operate. Most clients are at the facility for a few days to a maximum of 30 days, with many repeat customers. Most of the billing is paid for by the customer's insurance, which reimburses upwards of $30,000 per 30 days stay. For more information, please complete the registration at BizEx Website. Eric Mellem, Business Broker at (310) 293-6414 Don Mellem, Business Broker, (949) 842-8154,



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