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Beautiful 44-Bed Assisted Living Facility with Real Estate

Description

A unique opportunity to own a reputable nursing home care business that is poised for continued success.
This beautiful assisted living residence is a 44-bed, level 2 care home. In 2019, prior to COVID, the business went through an extensive renovation. Due to the nature of renovation there was no resident in the building. Toward the end of COVID, they slowly restart the process to bring back the residents. Since 2022 up to now, they are back to 755 capacity and growing toward full capacity at 44 residents.

This is a remarkable opportunity to acquire a well-established nursing home care business and make a positive impact in the lives of seniors. With a strong reputation for exceptional care and a prime location, this business presents an ideal investment for compassionate entrepreneurs. Whether you are an experienced healthcare professional or an investor seeking a rewarding venture, don't miss out on the chance to make a difference in the assisted living residence industry while building a profitable enterprise.

Contact us today to learn more about this exciting opportunity and take the first step towards owning this esteemed business.

The sale is structured as a sale of 100% of the authorized and issued share capital of the company. Working Capital shall be adjusted at $0. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most of your questions.

Financial Information

Annual Revenue and Net Operating Income:
2023 Projections
Revenue: $1,635,000
NOI: $450,000

* Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Real Estate

The business operates in a 17,000 sq.ft. building within a 55,000 sq.ft. land. The real estate is included in the listing price.