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*** SOLD ***
BEACH FRONT 21 bed Rest Home FHGC
Listing: #17856
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About this Business for sale in
BEACH FRONT 21 bed Rest Home FHGCCould be purchased for alternative use also - fabulous location right across the road from the beach. Beautiful seaside location with uninterrupted views of the ocean, in the lower north island, with no other rest home within the immediate vicinity. Operating as a 21 bed stage 2 rest home - floor area 831sq/m; and the land area is 2,290sq/m. The building is in the process of having refurbishments, and there is certainly plenty of space. The large kitchen has had a new fit out. There are 18 bedrooms mostly with basins, plus 2 large suites with their own ensuites on the main floor, and another large suite with ensuite on the lower car park level. Internal stairs connect both levels and a automated chair lift has been fitted if required. The rest home is currently run under management, as the owners live elsewhere in New Zealand. Ideal as an owner/operator. There is a spacious flat available within the premises that could be used for the manager or owner. Please contact broker for further information. Asking: Business: $180,000 Freehold property: $820,000 (plus GST if any).
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This listing is no longer taking enquiries as it is SOLD
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.