State:
Maryland
Category:
Alcohol and Substance Abuse & Recovery
Asking Price:
$11,000,000
Revenue:
$3,000,000
American HealthCare Capital is pleased to introduce a 24 Bed, CARF 3.5 Accredited Residential Addiction Treatment Facility for sale in Maryland. The facility is located in a 7-acre, rural setting, less than 20 miles from Washington DC and Virginia. The facility consists of 4 properties located in a 7-acre, rural setting, less than 20 miles from Washington DC and Virginia. As of December 2022, they will increase their bed count to 32 beds through the recent purchase of a new facility adjacent to their property. Approximately 80% of their referrals are Private Pay, which is highly profitable. They average billings of over $700 a day per client with an available occupancy period between 30-60 days. For the first 9 months of 2022, they billed $2,782,052 and had a Net Profit of over $1,280,000 with an adjusted EBITDA of $1,367,046. The Maryland addiction treatment facility expects to exceed $3 million by the end of 2022 with Net Profits over $1.8 million. With the addition of their new facility and the ability to add 8 more beds as of this December, their 2023 Revenues will increase by $1.3 Million to exceed $4.4 Million, net profits are expected to reach $2.6 million. Due to the formidable and expanding need for their services, they have consistently filled over 90% of their beds without the need of a sales force. They are the only Non-State, Residential Addiction Treatment Facility in their county that can service both Maryland and Virginia. They are in the process of adding an additional 8 beds, which will increase their revenues and profits by an additional 29%. Employee retention has never been an issue and their highly skilled staff will stay on after the sale. The asking price for this highly profitable Montgomery County, Maryland Residential Addiction Treatment business is $11 million dollars. The 4 physical facilities with their 7-acre property are listed for an additional $4 Million dollars.
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