Successful Care Home Business Two Homes For Sale

Business description

Business consisting of 2 licensed care homes providing Level I and Level II care. Sale includes TWO clear title properties valued over $800,000 for just the property value. Total of 22 residents, low-no vacancies often with wait lists. Fully staffed, excellent condition, inviting and attractive living environment in desirable location in Saskatoon. Sale to include all beds, furniture, equipment. TURN KEY OPERATION.

Property information

Real Estate:

Real Property Included

Living accommodation:

If desired, the buyer could take one of the rooms for personal residence. It would be a personal choice.

Location:

Prime residential location, in strong real estate market.

Other information

Expansion potential:

There is definate potential to increase revenues as the demand grows. Currently the income is competitive in pricing, showing immediate possibilities for growth, and future projections are strong and positive. There are also some new care home possibilities coming available in Saskatoon, that could provide for expansion of the business.

Competition / Market:

Saskatoon has strong demand for home care operations with little to no vacancy rates. Anticipated aging population expects demand to increase. New license requirements do not allow for as many clients as these ones have. These care homes have been "grandfathered in" allowing for income potential than new care home businesses will allow for in Saskatoon.

Support & training:

Current owner is willing to remain on for assistance and support for a specified time period.

Reasons for selling:

Retirement is the reason for selling at this time.

Contact the seller