Seller's Contact Information
- RE: Residential Care Home For Seniors
- Contact: Mark Pothier
Quick Facts
Asking Price: | $942,500 | |
Annual Revenue: | $529,528 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $193,992 | |
Total Debt: | Not Disclosed | |
FF&E: | $4,604 | |
Real Estate: | $821,561 | |
Year Established: | 1995 | |
Employees: | 6 | |
BBN Listing #: | 37114955 | |
Broker Reference #: | 9201-17510 |
Business Overview:
Long standing, provincially funded, residential care housing in the province of Nova Scotia.
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Property Features and Assets:
Two residential buildings delivering a home like living environment for residents. Assets = $826,165
Market Competition and Expansion:
The company is the only provincially licensed and funded residential care facility in the area. The few others are private pay care. Growth could possibly come from establishing new units attached to the existing facility.
Reason for Selling:
The owner is nearing retirement age.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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