Asking price: $3,600,000
Reason for sale: Retirement
Company information
- Land Area: 1.5 acres
- Building Area: 19.800 pi2
- Year of acquisition: 1996
- Established Year: 1994
- Full-time Employees: 25
- Part-time Employees: 2
Financial information
- Annual Sales: $2,195,133
- Monthly Payroll: $96,488
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $650,806
- Assets Included in the Sale:
land, building, inventory, supplies, furniture, equipment, goodwill
This family business was founded in the mid 90’s. It provides qualified and quality care to those residents who need nursing care. Its mission is to make their lives easier, to help and support them medically. This licensed nursing home is located in central New Brunswick in Queens County, not far from Fredericton’s northeast highway.
Thanks to its geographical location, this nursing home serves several surrounding areas. It can accommodate up to 49 residents. This company has a license to treat level 2 and 3B patients. This means that it is both a senior and special needs residence. This home prides itself on being bilingual.
The company operates year-round. It provides its residents with many services such as nursing care, pastoral care, a hairdressing service and keeps the residents busy with games and activities, etc. The goal is to make the residents feel at home. In addition, there is also the possibility of a transportation service available to the residents when necessary.
This nursing home is designed to be wheelchair accessible and to allow its residents to move freely with a walker. In addition, the rooms have the necessary equipment to adapt to people with reduced mobility (support bars, free circulation areas, etc.).
For the common areas (corridors and other common areas), they are equipped with security cameras. In addition, all entrance and exit doors are equipped with alarm systems.
This company benefits from loyal and dedicated employees, which allows it to offer excellent service. In fact, this nursing home is well known in the community. It has a good reputation and the trust of the families of the residents.
This is an excellent business opportunity for any buyer with an interest in 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.
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