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Beautiful 44-Bed Assisted Living Facility with Real Estate

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Complete NDA for Full Overview

Price: $4,000,000

Annual Revenue: $1,580,000

Minimum Equity Required: $1,000,000

SDE: $535,000

Location: New Brunswick

Industry: Services

ID: 1349

Status: New

Description

A unique opportunity to own a reputable nursing home care business that is poised for continued success.
This beautiful assisted living residence is a 44-bed, level 2 care home. In 2019, prior to COVID, the business went through an extensive renovation. Due to the nature of renovation there was no resident in the building. Toward the end of COVID, they slowly restart the process to bring back the residents. Since 2022 up to now, they are back to 755 capacity and growing toward full capacity at 44 residents.

This is a remarkable opportunity to acquire a well-established nursing home care business and make a positive impact in the lives of seniors. With a strong reputation for exceptional care and a prime location, this business presents an ideal investment for compassionate entrepreneurs. Whether you are an experienced healthcare professional or an investor seeking a rewarding venture, don't miss out on the chance to make a difference in the assisted living residence industry while building a profitable enterprise.

Contact us today to learn more about this exciting opportunity and take the first step towards owning this esteemed business.

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 sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

Annual Revenue and Net Operating Income:
2023 Projections
Revenue: $1,635,000
NOI: $450,000

* Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Operations

The business operates in a 17,000 sq.ft. building within a 55,000 sq.ft. land. The real estate is included in the listing price.

*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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