Business for Sale Overview:
This is an excellent opportunity to aquire a well established business, which has a unique service proposition
Established in 1997, this privately owned company has gradualy evolved,.offering a choice of serviced appartments for the retired. There are two options for the elderley, either to rent the appartment or to buy.
On the site there are in total 21 appartments, of which ten are sold and ten are currently rented. There is one other appartment which is occupied by the on site manager and his wife. There is a communal day room which is also used as the dining room for the residents.
The manager and his wife look after all aspects of the daily running of the site, including cooking, cleaning,servicing,laundry and all other jobs.
Revenue comes from the weekly rental of the appartments, on average £290 per week, and a yearly service charge of £600 for the owned appartments plus a ground rent of £100 per year.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
concentrate on his other business interests
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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