Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Business For Sale. Rest Home Fully Managed- Huge Opportunity

LISTING DETAILS
Firms For Sale ID:
31593
Vendor reference:
15303
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$1,750,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
For sale is a well established fully managed rest home business with just under 30 beds and currently fully occupied.

The facility is fully managed and underpinned by qualified, experienced and friendly staff who are held in high regard by the residents. Many employees have been in service for a period greater than 10 years.

Fully compliant in all respects to conform to Auckland District Health Board requirements for contract funding. Ministry of Health certification for 23 residents.

Recent refurbishments have made the rest home more appealing and preferred in the location.

Sales pa ( based on full occupancy) $950,808
Cash Surplus to Owners $622,632
Possible freehold land and buildings â?? $900,000 excluding GST