Turnkey Retirement Home with Property

Turnkey Retirement Home with Property

Turnkey Retirement Home with Property

LISTING DETAILS

Listing ID: 3361

Type of Sale: Share
MLS Code: Exclusive

Reason for Sale: Personal
Training & Support: Yes
Asking Price: $1,325,000

ASKING PRICE
$1,325,000
DESCRIPTION

Great opportunity to own an affordable retirement home with 18 licensed beds. 11 out of the 18 beds are subsidized ensuring full occupancy all year. The retirement home offers basic, semi and private rooms to the residents to function at the highest level of independence. Fully cooked meals and common spaces provide nourishment as well as social interaction for residents. The home enjoys a waiting list and fills vacancy without any revenue loss. The business is turnkey and well-positioned to capitalize on the growing demand for home care services. Seller willing to train to ensure a successful transition. Don't miss out on this amazing opportunity. Listing ID: 3361

COMPANY INFORMATION

Year Established: 1990

Franchise: No

Real Estate Included: Yes

Monthly Rent: TBD

FINANCIAL INFORMATION

Gross Revenue: $273,000
SDE: $110,000

FFE Included: Yes

Inventory Included: Yes

Financing/Terms: Financing Can Be Arranged For The Right Candidate

DISCLAIMER

The information in this listing has been provided by the business seller. Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

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