Residential Care Home for Seniors

Not Disclosed, Nova Scotia

Asking Price: Annual Revenue:
$942,500 $529,528

Services: Senior Living & Care, Assisted Living

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RE: Residential Care Home for Seniors Broker: 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

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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 a homebased business opportunity.
  • This is not a franchise resale opportunity.

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