Established and profitable Day Activity Health Service center

This family-owned Day Activity Health Service center has served its customers from Greater San Antonio for almost 50 years. Major enhancement in facilities and services during the 90’s. Today it can boast with being the largest operator in its field in San Antonio. Its skilled and loyal staff are recognized in the community for providing excellent service. Due to its stellar reputation with its clients, caregivers and various referral sources, this business spends no money on marketing. COVID impacted the business in 2020, but it largely rebuilt its capacity during 2021 and is highly profitable. 2022 will continue to grow as client capacity and personnel can be normalized. The current owners are ready to retire, but for the ambitious new owner there are several additional growth opportunities for this business. This is a very profitable operation, with a pre-COVID Seller’s Discretionary Earnings (SDE) of 35+%. Revenue in 2019 were $1.76MM with an SDE of $673k. In 2020 COVID brought revenue down to $775k with SDE of $81k. In 2021 after some restrictions were lifted revenue increased to $1.18MM with SDE of $347k. Location: San Antonio, Texas Year Established: 1976 Number of Employees: 15 Real Estate: Owned Building Sq. Ft.: 16,000 Facilities: The business is based in north central San Antonio on about 2.5 acres with 16,000 square feet of air-conditioned facilities. The facilities can be leased for $10,000 + NNN/month, or purchased for $1,750,000. Market Outlook/ Competition: There are several other competitors, but this business is the largest and most unique in its field, and therefore a step above the rest. Growth & Expansion: This company has great potential to grow by restaffing and admitting clients after COVID, and by converting some of the existing facilities into revenue generating activities.