Link Business
*** SOLD ***

Fully Managed Freehold Rest Home

Listing: #20447
price

$1,650,000

Profit

sales

industry

Far North



About this Business for sale in Far North

Fully Managed Freehold Rest Home
Warm and beautiful, fully managed business run by manager and ably supported by well-trained staff. Some of the staff have worked in this rest home from the outset. Occupancy generally consistent. Good track record with local DHB. Current and historical financials would be made available to qualified purchaser. Owners of many, many years have genuine reason for sale. Solid and purpose built structure. Building and chattels well maintained to a high standard. 24-plus bed facility located in a central residential area. Current set-up ideal for investment. Genuine potential to improve with hands-on owner. Property CV around $1.4M. Asking price $1,650,000 plus GST (if any) freehold going concern. Confidentiality is paramount.
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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.