Drug & Alcohol Rehab Facility– Northridge Area w/ Recreational Space

Northridge, CA

Asking
$1,500,000
Gross Revenue
$1,800,000
Potential Cash Flow
$900,000

This Northridge Area Detox, Sober living and Addiction Treatment Center residence is permitted for 6 beds in its 3 bedrooms. In additional to traditional living amenities, this rehabilitation center is complete with an welcoming intake room, secure medical room, information technology room, an indoor and outdoor meeting space and more. They receive $650 per day from insurance companies or private pay clients. They have a 3.5
person average census.

Accounts Receivable Included in Asking
No

Facilities

This owner-operated rehabilitation facility is based in a 4,000 square foot leases for $8k per month and will lease to a buyer at $10k per month on new 10 year gross lease with 2 five year options at market rate adjustments. All of the business’s furniture, fixtures and equipment will be included in the sale along with all applicable licenses and permits. The business is accredited with the Joint Commission and the California Department of Public Health. They also have the License and Certification with the Department of Health Care Services, are a Clinical Laboratory Improvement Amendment (CLIA Lab) and are able to provide Incidental Medical Services (IMS)

Competition

While the greater Los Angeles area is considered to be a highly competitive market for detox and sober living, this facility’s location and ideal build-out provide them convenient access and amenities to attract new clients at attractive rates.

Growth & Expansion

New operators will want to focus their efforts to developing relationships with insurance providers and additional referrals sources to help ensure they remain at their maximum capacity.

Support & Training

Seller will train for 2 weeks at 20 hours per week or as negotiated

Reason for Selling

Personal

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