Annual Revenue: $7,240,000
Minimum Equity Required: $3,500,000
SDE: $1,420,000
Location: New Brunswick
Industry: Social Services
ID: 1443
Status: Confidential
This top-rated retirement residence features a range of services and amenities for seniors seeking independent or assisted living options. They also provide 24/7 healthcare services.
The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.
By completing the NDA and becoming adequately qualified, you will be be sent a full Offering Memorandum that will answer most, if not all, of your questions.
Annual Revenues and Normalized EBITDA, with year end December 31:
2025 Projections
Revenue: $7.46M
EBITDA: $1.48M
2024
Revenue: $7.18M
EBITDA: $1.42M
2023
Revenue: $6.75M
EBITDA: $1.42M
This concrete constructed residence with 62,731 sf. of net rentable area, features updated comfortable accommodations with various in-suite amenities, a wellness centre with various service offerings, several common area spaces, dining facility, and well manicured outdoor green spaces.
Built in 1989. Elevators, new sprinkler system, 24hr emergency, monitoring system, and 800 amp entrance.
Municipal utilities
For more information on this listing, please complete our Non-Disclosure Agreement
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview