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Licensed Assisted Living Facility with 19 Units

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Complete NDA for Full Overview

Price: Under Valuation

Location: New Brunswick

Industry: Personal, Professional and other Services

ID: 1429

Status: Off Market

Description

This Community Care Home has been in operation since 1987. Its goal is to offer the care required to the residents by offering them the feeling of being in a friendly atmosphere and treated as a family. The residents enjoy the freedom to walk freely outside, to sit with their coffee in a natural setting, to have the luxury to sit by the fire in the evening and listen to music in a natural environment. Each new resident that arrives is immediately integrated with the others to ease the transition and adapt to their new home.

The team with more than 20 years of experience are well versatile and make every new resident feel welcome and at home.

The sale is structured as an Assets sale. By completing the NDA and becoming a qualified buyer, we'll be happy to send you a full Offering Memorandum that will answer most all of your questions when the listing goes live.

Financial Information

Financial information shall be added soon.

** Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.

** 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 main floor and basement are 27 ft at 86 ft and the second floor is 27 ft at 58 ft. The basement is accessible to the outside as the land slope downwards. The owner had made up plans to add an additional section of 57ft at 33 with eight additional rooms with a potential additional income well over $400,000.00.

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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