- Listing ID: 895923
- (Seller ref: N143)
Retirement Home Daycare Residential Apartments And Development Lands For Sale
- Category:
- Type:
- Add to your shortlist >>
- View your shortlist (4) >>
- Email alerts >>
- Email this listing to a friend >>
- Print this listing >>
Summary
- Asking price:
- $2,800,000 (Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- $710,000
- Cash flow:
- $350,000
- Years established:
- 26
- Employees:
- 5FT/3PT
Business description
This facility operates as a Retirement Home and a Licensed Commercial Daycare and also has residential apartments on the site. Although situated next door to an expanding commercial and residential area it provides a large scenic landscape and beautifully maintained grounds. Very cozy, comfortable country home setting within the city limits. City sewer and water is currently underway and will be completed in early 2010. The home has been privately owned for 25 years and the owner wishes to retire. The facility is currently managed by an employee and overseen by the owner. An owner/operator team could really maximize on return. This would also be ideal for someone who wishes to expand the current operation into the vacant lands. The main, mixed use, building has a total area of 14,300 sq ft with two additional 2,165 sq foot and 685 sq ft free standing buildings. There are 8.67 acres in total. The extremely profitable daycare could be expanded with very little capital costs into the 2,165 sq foot building that has been partially finished for its use. The retirement home could be expanded into the substantial owner’s quarters and longer term expansion could include new buildings on the vacant land for modern retirement living with a country style setting. The current zoning is Institutional which permits: auditorium, cemetery, church, nursery, public or private school or any public use. 6.17 acres of the site remains vacant.
Property information
- Real Estate:
- Real Property Included
Other information
- Support & training:
- Yes
- Reasons for selling:
- Retirement
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
selling your business?
If you own a business and are considering selling, visit our Sell a Care Home section.
BusinessesForSale.com recommends
- HOW TO BUY A GOOD BUSINESS AT A GREAT PRICE
- 100s of strategies & techniques to help you find & buy the right business.
-
- Click here for more
- BUSINESS WANTED
- Reach sellers looking for a business buyer by placing a Business Wanted advert.
-
- Business Wanted
- BUY A FRANCHISE
- If you’re a first time buyer then buying a franchise can be a smart way into business.
-
- Browse hundreds of Franchise Opportunities
Advertisement
