Drug Alcohol Treatment Center & Group Home

Business Summary

While there are few licensed Drug and Alcohol Treatment Facilities available in TN, here is an exceptional home/facility/center ready for the right individual or group to step in and offer much needed addiction services to East TN. It has been closed for the last 8 months but everything is ready to open immediately. All state and local licenses by TDMHSAS are in place and the location is zoned for a Halfway House or Drug and Alcohol Treatment Center. This 2538 sq.ft. building has everything in place for purchaser to step in and have clients within the next few weeks. There are clients ready and waiting in almost every local institution to receive treatment potentially filling the home in a very short time period. The current Seller is willing to train and provide ongoing consulting to help this treatment center thrive once again. The center received cash, grants and insurance payments and there is funding available through CTC, ADAT, SPOT, TDOC, Probation & Parole as well as other private and state grants. Funding is available for counseling sessions, group sessions and IOP on a case by case basis. All operational documents, licenses and infrastructure are in place to begin immediately. This facility offering full services could yield $30k-$75k per month. The Seller is passionate about this facility remaining in the community providing addiction recovery services but needs someone to purchase so it can reopen again to run and operate moving forward. They are open to negotiate for this center to continue. Real Estate is available for $225K directly from the Seller as part of this deal and was appraised at $310k by local CCIM. Seller financing is available. If you would like more information, please call 877-735-5224.

Financials


Asking Price Range:  

Gross Revenues:  

Seller Will Provide

Cash Flow:  

Seller Will Provide

Cash Flow Type:  Sellers Discretionary Cash


Seller Financing:  Not Disclosed

About The Business


Year Established:  2010

Number of Employees:  1 – 3

Relocatable:  Not Disclosed

Franchise:  Not Disclosed

Current Real Estate:  Leased

Property:  Property For Lease

About The Sale


Management Training and Support:  Seller will provide training for the new buyer.
Reason For Selling:  Other Interest

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Print Listing Id: 700235642