Sold

Aged Care Facility For Sale

SOLD


I am pleased to present to market, this medium sized aged care facility providing aged care services with supporting rental accommodation for seniors. This well presented, modernised facility maintains: (1) an exceptional reputation; (2) strong relationships with key MOH & DHB and other aged care stakeholders; and (3) an occupancy greater than 95% Year on Year with a waiting list.

With the ability to grow profitability by adding additional beds on the property, this medium sized facility operates with an EBITDAR representative of the facility size and occupancy. This care home represents an excellent return on investment for existing operators or those entering the aged care market.

This is a walk-in opportunity for an experienced operator. The current owner has advised that there are options to work with the purchaser to ensure a smooth handover transition over a period of time.

The vendor is looking for a like-minded purchaser with passion for the elderly to carry the business forward to its next level.

Asking Price: $8,924,477 Plus GST if Any.

Please visit www.barkerbusiness.co.nz/BB2681 and submit the online Confidentiality Agreement. Once Frank receives your expression of interest he will be in touch.

Source: Information supplied by the Business Owner or the Owners Agent(s).

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2020.

Details

Region Auckland
Price SOLD
Business ID BBS2681
Category Accommodation/Tourism

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