Aged Care - South Island

Invercargill

$2,250,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1bp9xdc

Fully Managed - Profits Over $350,000 p.a.

Purpose built facility in Southland with a mix of rest home and retirement village units.

The absentee owners are reaping the benefits of great systems; loyal, caring and well-trained staff, and a growth industry which is supported by government.

The owners take enormous pride in providing superior care which is reflected in industry leading occupancy.

An adjoining site, which has been cleared, is also part of this offering. Plans have been prepared by the vendor showing that this site will take another four retirement villas - further adding to the profitability. The size of the facility provides enough scale for an investor, while an owner/operator would extract even more value.

There is significant potential to borrow against the business as a substantial portion of the purchase price is based on the value of the land and buildings.

If you have been looking for a business which has a (recently refurbished) property component, can be run remotely, has serious profitability, the ability to grow, and adds positively to the community - here it is.

The price includes the freehold going concern of the rest home, the rest home chattels, the Occupational Rights Agreements for the village and the adjoining vacant section.

Asking $2,250,000

***Some of the details for this business may be subject to strict confidentiality requirements which can only be disclosed upon completion of a confidentiality agreement with the listing agent. These details may include the location, the nature of the business operations, sales performance figures, or other privileged information. Please contact the broker for further details and to arrange an appointment.

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