Operating Outpatient Substance Abuse & Mental Health Facility

Carlsbad, CA
Asking Price:$399,000
Rent:$6,473/Month
Established Year:2022
Gross Revenue:$218,000
FF&E:$20,000
BUSINESS DESCRIPTION

Over 220 Families and Clients Served Thus Far

This is a phenomenal opportunity for an owner/operator to acquire a ready-made substance abuse and mental health business in the heart of Carlsbad, CA - a rapidly growing market.

Quick Details:
State and JCAHO accredited Substance Abuse and Mental health, PHP (partial
hospitalization program), IOP (intensive outpatient program), and OP (individual and group) rehab center located in Carlsbad, CA. Credentialed in-network with most major insurance companies. It has a 2,700 sq ft. office, good for 30 clients in office. The center has been fully operational since September 2022 and is in good standing with all insurances billed. You will be buying a clean business ready to continue operations.

Due to a lack of time and financial resources of the current owner, the business does not have the necessary amount of resources to ramp up its client census. No outbound or inbound marketing has been spent since the inception of the business. All clients have been serviced via referral, which shows that the business is ideally positioned to be built up through marketing and other business development.

Pro Forma
A stabilized census in this office is approximately 30 clients, which would result in approximately $1,690,000 in annual revenue and $560,000 in net cash flow. A detailed pro forma is available.


DETAILED INFORMATION
Location
Carlsbad, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,700
Lease Expiration
31/12/2024
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
-2nd Floor, (stairs and elevator access) -West facing, 2 blocks from the beach -Located in the heart of Carlsbad Village -Great parking, restaurants, beach access, client activities -2700 SF, 7 offices, 2 group rooms plus large education center -Kitchen plus separate coffee bar -Modern, concrete floors, glass, high ceilings
Competition
Prime location in downtown Carlsbad, just a few blocks from Pacific Ocean (Superior location vs. competition) Access: Convenient access via Carlsbad Village Drive Office Quality: Excellent condition vs. peers in surrounding market
Growth & Expansion
-In-network with most insurance plans -Revenue to date: PHP/IOP $540,000 to date plus OP $114,000 -Telehealth options recently launched for evening access.
Support & Training
Professional team available to provide training in operations, billing, quality and compliance, and marketing strategies/demographics.
Reason for Selling
Lacking financial resources to launch marketing/business development
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Craig MacLaughlin
Craig MacLaughlin