Turnkey Retirement Home with Property

ASKING PRICE:
$132,500,000

LISTING DETAILS:

LISTING ID: 3361

TYPE OF SALE: Share

MLS CODE: Exclusive

INDUSTRY:

REASON FOR SALE:

TRAINING & SUPPORT: Yes

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: $27,300,000

SDE: $11,000,000

FINANCING/TERMS: Financing Can Be Arranged For The Right Candidate

FFE INCLUDED: Yes

INVENTORY INCLUDED: Yes

EBITDA: N/A

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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.