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Nonprofit Organisation for Sale in Brooklyn, United States

Government funded adult day center for individuals with developmental disabilities, located in Brooklyn.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 242 thousand
Run Rate Sales USD 294 thousand
EBITDA Margin Nil
Industries Nursing Homes + 1 more
Locations  Brooklyn
Local Time 2:41 PM America / Detroit
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 40 thousand (Native Currency: USD 40,000)
Reason: The owners want to retire from the business. Although Covid caused profitability issues with the bu... View More
Includes physical assets worth USD 40 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Expense Sheet
Business Overview
- Adult day center for individuals with developmental disabilities, located in Brooklyn.
- The company's primary source of revenue is government payments for providing day services to individuals with developmental disabilities. The amount varies based on each client's acuity level.
- Currently serving 12 clients and offers a range of educational and entertainment services, including fitness, community trips, themed parties, arts & crafts, computers, and cooking.
- Additionally, the company provides transportation services for its clients, including pickup and community outings.
- The government payments for each client have increased by about 22%, which is expected to result in increased profitability for the business in the current year.
- The transportation services provided by the company also contribute to its revenue stream, as client pickup generates additional income.
- Has 4 permanent employees to run the operations. No additional contract/temporary employees are required.
- Has Ohio state certification from the DoDD.
Products & Services Overview
Provides a range of educational and entertainment services, including fitness, community trips, themed parties, arts & crafts, computers, and cooking to individuals with developmental disabilities.
Government funded, the amount varies based on each client's acuity level.
Assets Overview
Computers, desks, tables, chairs, filing cabinets, client activity supplies, Two TVs, Chevy Express Van, 2013 Chevy Impala, conference room table/chairs, couch, recliners, exercise bikes, staff water cooler, etc.
Facilities Overview
Rented facility - single floor open space, 4,613 square feet and $5,345/month is the rent.
Location is Brooklyn, Ohio.
Lease ends by next year.
Capitalization Overview
Business is funded by the government.
There are 2 owners - with ownership split of 67% and 33%.
No loans outstanding or debts.
Recent Activity
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4 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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