For Sale Well Established Adult Day Care Center and Banquet Hall !

Centrally located ADHC and Banquet Hall!

For Sale Well Established Adult Day Care Center (ADHC) and Banquet Hall businesses located in the San Fernando Valley Area, Los Angeles County. Both business occupying the same building. This is a very unique opportunity to purchase two of the very desirable business located in the heart of Los Angeles: 

Adult Day Care Center (ADHC) : 
- Adult Day Care Facility is currently licensed for up to 120 participants. Each participant receives individual attention to help them with their medical, physical, cognitive, mental, and/or emotional needs.
- Initially licensed in 2018 and started operation in 2019.
- Steadily growing attendance in the last 12 months. Total number of active participants at this time is close to 85-90 active and Current Average Daily Attendance is 65-70 participants per day.
- Property is on a long term lease at $16,000/month. No NNN. Property is approximately 6,300 sqft. Great rental rate considering the rent is split between 2 businesses - ADHC and Banquet Hall. 
- Fully equipped commercial kitchen.
- 2023 Gross revenue for ADHC is over $1,200,000+
- Great opportunity for a new Adult Day Care operator!

Asking price - $2,600,000 for ADHC. 

Banquet Hall Business: 
- Profitable banquet hall business located in the same space as the ADHC. Property has been extensively remodeled with no expenses spread. 
- 6300 square feet of space perfectly designed for hosting events such as birthdays, weddings, corporate holiday parties and more. The banquet hall has a capacity of 300 guests, making it an ideal space for large events. 
- Property has a spacious lobby area making it ideal for welcoming guests or providing a large waiting area. 
- There is a large kitchen on premises equipped with top of the line appliances. 
- Profitable and Turn-Key business in a center of North Hollywood. 

Asking price - $1,000,000 for Banquet Hall
 
Must be sold together - ADHC and Banquet Hall. Total price for both $3,600,000. 

Please feel free to reach out to me for more information. Serious inquiries only. PROOF OF FUNDS REQUIRED.

Thank you!