Government-Backed Adult Day Care | Prime Southeast Queens
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HS Listing ID-70945
A rare opportunity to acquire a fully operational, government-certified adult day care center with over 15 years of established operations in Queens, New York. This turnkey facility has generated consistent annual revenue between $1.2M–$1.4M every year, backed entirely by stable government contracts with zero dependence on private pay or retail demand.
The business holds two active Medicaid Managed Long-Term Care (MLTC) contracts plus a federal USDA Child and Adult Care Food Program (CACFP) reimbursement contract that adds approximately 10% in supplemental revenue on top of Medicaid billings — a triple revenue stream that very few competitors can match.
The Numbers:
2022 Gross Revenue: $1,395,000 | Adjusted Net: ~$300,000
2023 Gross Revenue: $1,292,000 | Adjusted Net: ~$300,000
2024 Gross Revenue: $1,340,151 | Adjusted Net: $314,188
2025 Gross Revenue: $1,305,933 | Adjusted Net: ~$168,840
The Facility: The center operates out of a brand new, purpose-built facility — only 2 years old — with close to $200,000 invested in the build-out. Everything is included in the sale: all equipment, furniture, supplies, and infrastructure. The rent is just $8,000/month — significantly below NYC market rate — with 2.5 years remaining on the current lease plus a 5-year renewal option available for the new owner.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
A rare opportunity to acquire a fully operational, government-certified adult day care center with over 15 years of established operations in Queens, New York. This turnkey facility has generated consistent annual revenue between $1.2M–$1.4M every year, backed entirely by stable government contracts with zero dependence on private pay or retail demand.
The business holds two active Medicaid Managed Long-Term Care (MLTC) contracts plus a federal USDA Child and Adult Care Food Program (CACFP) reimbursement contract that adds approximately 10% in supplemental revenue on top of Medicaid billings — a triple revenue stream that very few competitors can match.
The Numbers:
2022 Gross Revenue: $1,395,000 | Adjusted Net: ~$300,000
2023 Gross Revenue: $1,292,000 | Adjusted Net: ~$300,000
2024 Gross Revenue: $1,340,151 | Adjusted Net: $314,188
2025 Gross Revenue: $1,305,933 | Adjusted Net: ~$168,840
The Facility: The center operates out of a brand new, purpose-built facility — only 2 years old — with close to $200,000 invested in the build-out. Everything is included in the sale: all equipment, furniture, supplies, and infrastructure. The rent is just $8,000/month — significantly below NYC market rate — with 2.5 years remaining on the current lease plus a 5-year renewal option available for the new owner.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Rent
- $8,000.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2501379
- Listing Views
Listing ID: 2501379 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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