Consistently Profitable, Managed Rest Home
Listing: #BPW00632About this Business for sale in
Consistently Profitable, Managed Rest Home
This freehold going concern is for sale - rest home business, land & buildings - in a busy and lively rural town in the Wellington Region.
A very profitable facility of just under 30 beds at rest home level care; and after many years of the same ownership, is finally available to purchase. Cash surplus to the owners of this managed facility was $287,000 for the 2017 financial year.
A well maintained and character filled facility, which has consistently high occupancy, leading to a great return on investment for an absent owner.
The future demand for these facilities will increase substantially due to the aging population. If aged care is an industry that you are interested in, then contact me today.
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
Asking price of $1,520,000 (plus GST if any) for the freehold going concern.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
*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.