Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Nursing Home For Sale In Porto, Portugal

LISTING DETAILS
Firms For Sale ID:
35209
Vendor reference:
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Business opportunity:
Asking price:
€7,000,000
Furniture, fixtures and fittings included.
Turnover / revenue:
€1,345,391
Net profit / cashflow:
€116,842
Years established:
1996
Trading hours:
08:00 - 20:00 UTC
Number of employees:
28

OTHER DETAILS
Reason for selling:
The owner is looking to sell his company to reinvest in other businesses.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Living accommodation:
In the first facility, the social support activity for the elderly began 25 years ago and for the last 22 years, it has had a total accommodation capacity for 22 users in permanent residences spread over 11 double rooms.
 
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BUSINESS DESCRIPTION
Business Overview:
- Nursing home that started 25 years ago with a single building of 750 sq. m. and has grown to two facilities.
- Opened the second facility 7 years ago after an overwhelming demand from patients.
- Now has complete care for its patients, which makes it one of the most wanted nursing homes in the region.
- The total residential capacity is 73 nursing home residents.
- Sales and profit have grown year after year.
- Buyer gets the entire operational nursing home with its two facilities.
PS: There is a business evaluation attached to this page.

Products & Services Overview
- Daycare.
- Nursing Home.
- Internment.
- Gerontology.
- Physiotherapy.
- Doctor's assistance.
- Infirmary.
- Geriatrics.
- Palliative care.

Assets Overview:
Two buildings with a total built area of 4,053 sq. m. (3,303 sq. m. +750 sq. m. ) and all of the equipment used in their daily activities. The equipment in both facilities is valued at EUR 400,000.
The buyer will acquire the fully operational facilities and the terrain.

Facilities Overview:
Two facilities that are close to one another.
In the first facility, the social support activity for the elderly began 25 years ago and for the last 22 years, it has had a total accommodation capacity for 22 users in permanent residences spread over 11 double rooms.
This building has a total area of 750 sq. m. and consists of 3 floors that include: a dining room, 3 common rooms for leisure and occupational activities of users, a medical and nursing office, a management and admin support offices, a kitchen, laundry room, staff changing rooms, garage; two pantries - one for storing food products and the other for cleaning, hygiene, and comfort items.
10 years ago, this building underwent interior and exterior renovation work, giving it its current appearance.
The second facility holds an operating license issued 7 years ago with an accommodation capacity for 51 users.
This building has a gross area of 3,303 sq. m. spread over a basement, ground floor, and 1st floor. It has a total of 32 rooms, 13 of which are single rooms, 15 are double rooms, and 4 are suites, It also has common areas, rooms for leisure and occupational activities, a dining room, a kitchen, changing rooms, pantries, technical area, support offices, management office, a laundry area, and parking spaces.
The clinics are located just a bit north of Central Rio Tinto.

Capitalization Overview:
- The company has a bank loan of EUR 700k & 570k of which must be repaid in the short term.
- They have EUR 640k in reserves, from previous positive results.
- Business has two owners, both with 50% equity.

All communications and expressions of interest must be made through this route and to the contacts indicated here. Additional information will be given after signing a non-disclosure agreement.