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Rest Home Business Inclusive Facility Building For Sale

$3,600,000 (combined)

Located in a very good suburb of Auckland, I am pleased to present this established managed aged care business with a strong reputation, providing rest home, hospital and respite care to its residents. Being a semi-secured facility, this facility is the preferred provider for residents with wandering issues and Sun-Downing Syndrome.

The facility manager is supported by two clinical leaders (registered nurses). The service has an established quality and risk management system with residents and the general practitioner commenting positively on the standard of care and services provided.

This aged care facility includes the original building comprising a mix of ensuites and shared bathrooms with the vendor advising the facility has been extensively refurbished over the last 2 years. Supported by caring and long-serving staff, this facility has an averaged EBITA over 4 years of $759,185 p.a. and occupancy greater than 94% p.a.

The facility is being sold as (1) Business only with a Land and Building Lease OR (2) Business and Building with a Land Lease, the choice is yours. The building has an indemnity value of $800,000 including GST (if any) as at October 2016. It is suggested that this facility would be best suited for an active owner operator in the aged care industry.

My vendor's instruction is to market the facility:

1. Business only: $2,800,000 (Plus GST if Any) plus Land & Building Lease(s); OR

2. Business inclusive of Building: $3,600,000 (Plus GST if Any) plus Land Lease.

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/3016, register your details and submit the online Confidentiality Agreement. Once Frank receives your expression of interest he will be in touch.

Licensed REA 2008. Copyright Barker Business Brokerage 2021.

Details

Region Auckland
Price $3,600,000 (combined)
Business ID 3016
Category Accommodation/Tourism

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