Adult Day Care in Campbell, CA
JCH Consulting Group closes sale of an Adult Day Care business in Campbell, California
California, September 30, 2016. JCH Consulting Group is pleased to announce the successful sale of an Adult Day Care business in Campbell California. The business was sold for $825,000, with an occupancy rate of 85% at closing. The sales price represented a 3X multiple of the trailing twelve month net operating income. The seller was a single asset owner/operator that’s plans on retiring from the business. The buyer is a new owner/operator entering the space.
Nick Stahler was the lead agent on the transaction