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Age Care Business For Sale in Taranaki

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Aged Care Business Only For Sale Taranaki Dhb

Location:Taranaki

Category:Age Care

Asking Price:$1,150,000 + GST if

1150000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Aged Care Business Only For Sale Taranaki Dhb

Business description


With this lovely, privately owned facility, all the hard work has been done. They provide rest home services and dementia care with the option for hospital level care and services for residents in private houses located on the facility.

The owner works as the facility manager and employs a registered/clinical nurse with a current practising certificate along with local staff. The Residents and families spoke positively about the care provided and I am delighted to bring this one to the market.

The recent certification audit process included a review of policies and procedures, review of residents' and staff files, observations and interviews with residents, family, management, staff, a mental health nurse and the general practitioner. This audit has resulted in a continuous improvement rating in medication management. NO areas were identified for improvement.

Working with the DHB, the vendor has turned this facility from one that the DHB was about to close, to one that is now trending to FULL occupancy in October with excellent MOH certification. This is a medium sized facility with optional vendor/boarder accommodation onsite.

This is a very attractive proposition for a purchaser who wants to purchase a well-managed facility, option to incorporate hospital level care, occupancy trending to greater than 90% and a long-term lease in place. There is also the option to purchase the land and buildings.

With a projected EBITDA of approx $659,000 as at 31st March 2020, this is an opportunity ideally suited for an owner operator. The vendor has decided to sell and is looking for a new challenge.

Asking Price: $1,150,000 (Plus GST if any) with vendor finance available up to $150K.

For more information, visit [Web Link Censored], register your details and submit the online Confidentiality Agreement. Once Frank receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.
Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2020.

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