Hot Listing
Established Senior Center
Business Description
Thriving turn key business that is primed for unlimited growth and expansion in an area that has a dire need of additional help for the local & distant senior community. This is a non-medical happy place for seniors with the additional expansion opportunity into an adult day care as major insurance companies have approved members. The success of this business has been targeting non-medical members. We spent the years building an impeccable reputation that is now well known throughout much of NJ . We also have a team ready to stay on making any transition happen seamlessly.
About the Business
- Years in Operation
- 10
- Currently Relocatable
- Yes
- Facilities & Assets
- This is a large bright and fully furnished open space, also an office, theater room and separate kitchen area. Large windows throughout for natural light. Large covered furnished porch as well. Vehicles are able to drive right up to the double automated doors. No steps and easy access for handicapped throughout property. Two bathrooms. Lots of parking. The landlord has a wonderful reputation in the area and is very approachable. There is a year by year lease option coming up. Similar spaces in Hunterdon County are all double the monthly rental rate.
- Market Outlook / Competition
- There is currently no competition. One adult day care (30 minute drive) which caters to certain ethnic backgrounds offers only morning help. We have received multiple offers to expand into Flemington and other surrounding towns, however, we are empty nesters and have decided to move out of state to be closer to family. Endless possibilities exist with this established business as word has spread about all that we offer. All the medical centers and hospitals have been in contact with us; the inquiries come in every day from potential members
- Opportunities for Growth
- Medicaid would bring in a large amount of additional revenue should the new owners opt to include that. We have also just incorporated senior advising which would be an additional income stream to pursue. Many families need guidance to navigate the advanced age of a senior family members. The new owners would charge by the hour to assist with ideas, leads and suggestions. In-home care is also something we are experienced in and can guide you to that potential income as well. Extended hours for a fee and opening weekends would assure added income.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $2,700.00 per month
- Lease Expiration
- 6/1/2027
About the Sale
- Seller Motivation
- Moving out of state. retirement
- Transition Support
- We are willing to stay on to train and get you going. Employees love what they do and may remain with the business if requested. This business is very easy to run. No certifications are required as it is currently operated.
Listing Info
- ID
- 2345991
- Listing Views
- 1833
Listing ID: 2345991 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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