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Rest Home Business Inclusive Facility Building For Sale

$3,600,000

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 inner-city suburb location, providing access to all medical and shopping amenities for 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         

1.   Business Only with a Land and Building Lease OR
2.   Business and Building with a Land Lease, the choice is yours. The building has 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 that maintains excellent occupancy based on its location would be best suited for an active owner/operator in the aged care industry.

My vendors’ instruction is to market the facility:

1.    Business Only: $2,800,000 (Plus GST if Any) plus Lease(s); OR
2.    Business Only inclusive Building:  $3,600,000 (Plus GST if Any) plus Land Lease.

If you are interested and would like more information about this business, visit  www.barkerbusiness.co.nz/3016, register your details and submit the online Confidentiality Agreement. Once Frank receives your expression of interest he will be in touch.

Licensed REAA 2008. Copyright Barker Business Brokerage 2021.

Details

Region Auckland
Price $3,600,000
Business ID 3016
Category Accommodation/Tourism

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