PW17596: Opportunity Knocks. 35-Bed Purpose-Built Rest Home

$3,200,000

North Island, New Zealand

Details

  • $3,200,000
  • Date Available: 14 December 2017

For sale is a well-established rest home business with just over 35 beds and normally fully occupied.

The facility is fully-managed and underpinned by qualified, experienced and friendly staff who are held in high regard by the residents. Many employees have been in service for a period greater than 10 years.

  • Fully compliant in all respects to conform to District Health Board requirements for contract funding
  • Ministry of Health certification for 35+ residents
  • Recent refurbishments have made the rest home more appealing and preferred in the location.
  • Sales p.a. (based on full occupancy) $1,400,000 (approx)
  • Purpose-built on 3000+ square metres of land returning $350,000 (approx) as a managed investment
  • Includes freehold valued at approximately $2.5 million

LOCATION: North Island, New Zealand

PRICE: Tangible Assets: $2,683,379

Intangible Assets: $536,621

Stock: $20,000

Total Price: $3,200,000

TURNOVER:

Sales Per Annum: $1,319,370

Gross Profit: $525,958

Sales Per Month: Net Profit – $389,619

STAFFING: Full Time: 20; Casual: 5; Working Owners: 0

Please contact Percis Wadia on +61 404 845 714 or info@psbb.com.au for further details, quoting PW17595.

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