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Age Care Business For Sale in NorthIsland

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Rest Home Business Inclusive Facility Building For Sale

Location:North Island

Category:Age Care

Asking Price:$3,600,000

3600000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Rest Home Business Inclusive Facility Building For Sale

Business description

I am pleased to present this aged care business located in the Auckland DHB catchment area, providing multiple services to its residents. Supported by caring and long-serving staff this facility is operating greater than 90+% occupancy, with its central city location providing access to all amenities to the residents.

The aged care facility includes the original building, being a solid stucco plaster building circa 1920/1930's, comprising a mix of ensuites and shared bathrooms. The facility is being sold as business, building and a land lease, with the building having an indemnity value of $800,000 including GST (if any) as at October 2016.

Returning for the fiscal period ending 31st March 2020 approx. 30+% Profit on Gross Earnings based on vendor supplied figures, this facility would be best suited for an active owner operator entering the aged care industry. The facility maintains excellent occupancy based on its location.

The operation is being sold as “Business only inclusive Building” with a renewable long-term land lease. My vendors' instruction is to market the facility at:

$3,600,000 (Plus GST if Any).

If you are interested and would like more information about this business, 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.

Licensed REA 2008. Copyright Barker Business Brokerage 2020.

Property Code: 3016

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