Sold

Aged Care Facility For Sale, Northland DHB

SOLD

Located in a strong provincial town, this established Freehold Going Concern Facility has been offered for sale, presenting to the purchaser a business with a strong operating EBITDA performance and opportunity to grow revenue & profitability.

Providing age care related services, this facility has been built to predominantly service its surrounding area, Whangerai and Northland, with residents coming from afar.  With the Puhoi to Warkworth Highway due to open Queens Birthday Weekend 2022, Northland is now drawing closer to Auckland in time to travel, with Northland property values attracting Aucklander’s north.

From a financial perspective this facility maintains an EBITDA proportionate to the size of the facility, occupancy, staff and by providing the highest quality person centred care to all residents.

Regarding future development, it would appear there exists potential to further extend the dementia wing with 1050sqm of land subject to removal of two staff/office accommodation blocks, subject to council approval.

The vendor is seeking expressions of interest from parties who recognise the value, size, reputation and opportunity of this Freehold Going Concern facility and potential.

Asking Price: $6,800,000 Plus GST if Any

If you are interested and would like more information about this Aged care Facility, visit www.barkerbusiness.co.nz/3019, register your details and submit the online Confidentiality Agreement. Once Frank receives your expression of interest he will be in touch.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2021.

Details

Region Northland
Price SOLD
Business ID 3019
Category Accommodation/Tourism

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