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Business For Sale

Retirement Home, Daycare, Residential Apts & Land

Tri-City, Ontario, CA

Services: Non-classifiable

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$2,800,000
$710,000
Not Disclosed
$350,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1983
8
68918349

Business for Sale Overview:

This facility operates as a Retirement Home and a Licensed Commercial Daycare and also has residential apartments on the site. Although situated next door to an expanding commercial and residential area it provides a large scenic landscape and beautifully maintained grounds. Very cozy, comfortable country home setting within the city limits. City sewer and water is currently underway and will be completed in early 2010. The home has been privately owned for 25 years and the owner wishes to retire. The facility is currently managed by an employee and overseen by the owner. An owner/operator team could really maximize on return. This would also be ideal for someone who wishes to expand the current operation into the vacant lands. The main, mixed use, building has a total area of 14,300 square feet with two additional 2,165 square foot and 685 square feet free standing buildings. There are 8.67 acres in total. The extremely profitable daycare could be expanded with very little capital costs into the 2,165 square foot building that has been partially finished for its use. The retirement home could be expanded into the substantial owner’s quarters and longer term expansion could include new buildings on the vacant land for modern retirement living with a country style setting. The current zoning is Institutional which permits: auditorium, cemetery, church, nursery, public or private school or any public use. 6.17 acres of the site remains vacant.

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:

Retirement

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.

Resources:

 

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