Asking price: $3,850,000
Reason for sale: Retirement
- Land Area: 2.14 acres
- Building Area: 21,759 ft2
- Year of acquisition: 2000
- Established Year: Late 90’s
- Full-time Employees: 18
- Part-time Employees: 3
- Annual Sales: $1,463,712
- Monthly Payroll: $43,651
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $484,149
- Assets Included in the Sale:
land, building, inventory, supplies, furniture, equipment, goodwill
This family business was founded in the late 1990s. It is a nursing home that provides quality and skilled nursing care to its residents. Its mission is to make the lives of its residents pleasant, to help them and to support them with medical assistance. This licensed nursing home is located in northeastern New Brunswick, in Gloucester County.
Thanks to its strategic location, the company serves several surrounding towns and villages. It can accommodate up to 45 residents. This nursing home is licensed to treat level 2 patients. It is therefore a residence for both seniors and people with mental health problems.
The company operates year-round. It provides its residents with many services in addition to nursing care, such as pastoral care, hairdressing service and keeps the residents busy with games and other activities, etc. These quality services are designed to make the residents feel at home. In addition, there is also the possibility of a transportation service available to residents when necessary.
In addition to the main entrance, there are other entrances, each with its own parking lot. The common areas (corridors and other common areas) are equipped with security cameras. In addition, all the entrance and exit doors are equipped with alarm systems.
The building is designed to be wheelchair accessible and to allow its residents to move freely with a walker. Moreover, the rooms have the necessary equipment to adapt to people with reduced mobility (support bars, free circulation areas, etc.).
And for the well-being of its residents, the home has laid out a small community garden.
The company benefits from loyal and dedicated employees, which allows it to offer excellent service. This nursing home is well known in the community. It enjoys a good reputation and the trust of the residents’ families.
The company also has independent apartments for rent.
This is an excellent business opportunity for any buyer with an interest in the nursing home. In fact, given the statistics on the aging population in New Brunswick, the number of requests for placement in nursing homes is constantly increasing.
Contact us for more information.