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San Fernando Valley, CA Residential Drug and Alcohol Detox Treatment Facility in LA with HUGE INCOME POTENTIAL
This luxury 4,000 sq. ft. six bed facility in San Fernando Valley has been licensed to operate since 2018. The facility is on a 1/2 acre lot in a high-end residential neighborhood and is well appointed, well run and offers plenty of space for their patients to isolate and recover.
This is a very high-barrier to enter industry with a huge demand for services. We recently Listed for Sale a similar company and received numerous offers for close to $8,000,000.
Note: the Annual Revenue and Net Income listed is projected, not current 2020s due to COVID shut-down for months. The business is open and operating with great success. We can document another similar company's Income Statement showing $600,000 average monthly revenue with a 80% profit margin.
Huge Potential: the company is set-up to increase occupancy and revenue immediately. A professional, seasoned staff is in place. A similar 6 bed facility in the area has generated $3,000,000 in Net Income for 6 months in 2020. A business minded buyer can quickly maximize profits with a stronger marketing plan, which the sellers can help create.
The owners have extensive experience with drug and alcohol counselling and are willing to offer a reasonable post close transition period. DISCLAIMER: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
This listing offers a unique opportunity to acquire assets in the booming gaming industry. This portfolio provides an ideal acquisition target for strategic buyers in this space that are looking to duplicate this model for other games and increase the rapid growth from under $200,000 sales in 2017 to over $1.85 million in sales in 2018 and over $3.5 million in sales in 2019. His growth continues to be explosive.
Future Growth This is a huge opportunity because they are currently just doing this for one game and producing these numbers but this model can be replicated for every top game since their 7,000 customers and their 160 contractors play other games also, they just haven’t ventured into it. Their profit margin will increase greatly now that a lot of the startup costs are eliminated and the contractors are currently receiving 2/3 of the order price. He did it this way so the contractors don’t steal clients and it worked very well. It can probably be brought down to a 50/50 commission without compromising anything which would bring the profit up to around $550k plus eliminating the startup costs like i mentioned – the aim would be to get this to a 50% profit margin business while continuing growth and duplicating the model to other games. There’s also an influx of contractors which would drive costs down a lot.
Key Financials Asking Price: $2,800,000
2020 Revenue (as of 11/10/20): $3,737,996.91 2020 Projected Revenue: $4,220,000+
2019 Revenue: $3,565,023.00 2019 Net Profit: $661,614.00
2018 Revenue: $1,856,734.01 2018 Net Profit: $262,299.52
Started in 2003, this is a property loss investigation service business based in Lake Elsinore, CA and serving California. The majority of the business is fire investigation – determining the cause of a fire for insurance companies as the clients. The business employs 2 full time employees with 8 additional contract investigators.
The insurance clients call or email assignments daily and usually pay within a month or so. The business averages 500-600 assignments annually. State Farm and Farmers are the biggest clients and comprise ~60% of the base.
The business is naturally COVID-proof and recession-proof: insurance companies will always need a fire investigation service to determine the cause of property loss. The business makes about $500k annual earnings and has been steady income for the owner over the years – now it’s time for him to retire and a new owner can carry on the legacy. The business is SBA preapproved!
For sale is a free-to-play mobile game which is monetized using in-app purchases (no ad revenue). It is a mobile bingo game, with the algorithm built using classic bingo rules. The game is primarily played in the USA, with the target audience being bingo players.
The game was released in 2017 and had been in development since early 2016. The game was created using the Unity game development engine and the code base is fully updated.
Over the past 3 years, this game has generated a good amount of revenue for the owners. Even without a marketing budget it has consistently generated revenue. Going forward, with minimal support and updates, the game will keep on generating revenues well into the future due to Bingo being an evergreen genre.
Highlights & Key Assets: o Game has been a top-ranking Bingo App on the Google Play store for the last 3 years. o Over 1 million downloads. o DAU = 83K+ o Downloads are from App Store Optimization (ASO) for the game, no other marketing is being done for generating downloads. o Growth potential: The game is currently available in only 7 countries. If the new owner is willing to publish it in all countries, it will bring major benefits and increase in potential revenue also. o Additional ASO can be done on regular basis to rank for the latest keywords (beyond what the current owner has done).
Support and Training Period: The owner is willing to provide 2 months for transition (will include free ASO and marketing during that time). And the owner is happy to discuss additional support beyond that as needed.
Reason Selling: The owners are selling this game primarily to focus on other projects - namely other types of software. A couple of their other projects are showing great potential and they intend to focus all of their time and resources on those other projects. This Bingo game will be served best in the hands of a new owner.
For sale are two successful and mature utility applications which have shown consistent growth since they were released in 2015. Both applications are hosted on Amazon’s AWS platform and are sold as either a monthly or yearly subscription to customers.
The highest producing application is a GPS time clock solution for small to medium sized businesses who have a mobile work force. The other application is a simple and easy to use receipt tracking solution for expense reporting and compliance.
Sale also includes email lists for customers: Time clock – 840 Companies; Expense tracking – 54,062 Total User accounts (database only - can be marketed to via email campaigns but owner has not done that).
Support/Training: The company owner is willing to offer a training period and will work with a new owner to ensure a smooth transition. This is flexible depending on your needs.
Reason For Selling: The business is owned by three partners that all want to go in different directions.
Los Angeles, CA This exciting creative and fast paced business builds sets and key props for the photographic, film, video and trade show industries. The business has been growing continuously. Revenues grew by 50% in 2012 and the first 2 quarters of 2013 exceeded $1 million. The projection is for another significant revenue increase in 2013. Their clients include photographers, art directors, set designers, directors, production companies or trade show producers. They construct, deliver, install and store the sets used for photo/video "shoots" and shows. They have a lot of repeat clients. Nearly half of the 70 clients per year are repeat business. They have a small staff and use freelance skilled set construction people on a project by project basis. The business is consistently profitable and growing. The owner does not do a lot of marketing and relies mostly on word of mouth and a small presence in trade resource books so there are many opportunities and ways to expand the business and plenty of room for growth. The owner is moving into related fields of design and photography and will probably become a client of the business. The shop is located in Downtown LA which is central but the particular local is not a critical issue for the continued operation of the business. The business has the physical plant to allow it to grow to several times its size without a significant change on overhead. The ideal owner should have some creative and construction experience. The seller is motivated but will work for the new owner for 6 months or more to insure a smooth transition. Includes all of the tools and equipment necessary.
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