An opportunity to acquire an established residential care business in Latvia, together with company-owned premises and a separate property offering substantial expansion potential. The company has a single shareholder, and 100% of the shares are offered for sale.
Founded in 2014, the company operates an 80-bed residential care and social rehabilitation centre operating since November 2016. The centre provides 24-hour care, including long-term and short-term stays, for older people and adults requiring support, with experience caring for residents living with dementia.
The Auce property includes a main building of approximately 1,324.7 m² on a 7,977 m² plot. Facilities include resident accommodation, care and activity areas, an on-site kitchen, a lift and outdoor grounds. Furniture, fixtures and equipment used in the care operation are included in the asking price.
The sale also includes a former school property in Kaķenieki, comprising approximately 1,287.1 m² on an 8,792 m² plot. The proposed development would create a further 90-bed care facility, potentially increasing combined capacity to 170 beds. This property is not currently an operational care centre; conversion requires renovation, equipment and the necessary approvals.
The acquisition combines an operating care business with property ownership and a separate development opportunity.
The owner wishes to focus on other business interests. Handover support can be agreed. Seller financing for part of the purchase price may be available for up to 12 months, subject to an agreed initial payment, repayment schedule and satisfactory security.
Financial statements, technical assessments and further operational information are available to qualified buyers on request.
- Asking Price:
- €2,000,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- €710,099
- Cash Flow:
- Undisclosed
Property Information
- Real Estate:
-
Real Property Included
- Location:
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The operating care centre, SARC AUCE, is located at Tehnikas iela 12 in Auce, Dobele Municipality, in Latvia’s Zemgale region. It operates from a fixed residential care facility serving older adults and people requiring daily support.
The sale also includes a separate development property at Skolas iela 10 in Kaķenieki, Annenieki Parish, within the same municipality. This former school building provides an opportunity to establish an additional care facility, subject to the necessary approvals and conversion works.
- Premises Details:
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The sale includes two company-owned properties in Dobele Municipality, Latvia.
SARC AUCE — Tehnikas iela 12, Auce
The operating 80-bed care centre occupies a former hospital building with approximately 1,324.7 m² of floor area, arranged over three above-ground floors and a basement, on a 7,977 m² plot. Facilities include resident rooms, sanitary facilities, care and activity areas, an on-site kitchen, a lift and ancillary spaces. The grounds provide outdoor space and parking. Furniture, fixtures and equipment used in the care operation are included in the asking price.Kaķenieki development property — Skolas iela 10, Kaķenieki
A former school building comprising approximately 1,287.1 m² over two floors, on an 8,792 m² plot. The property is intended for conversion into a 90-bed care facility. It is not currently operating as a care centre and requires renovation, equipment and the necessary approvals.Technical assessments for both properties and a preliminary conversion cost estimate for Kaķenieki are available for buyer review.
- Size in square feet:
- 28,113 sq ft
- Planning Consent:
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SARC AUCE operates as a residential care centre. The 2025 technical assessment identified the need to formalise the building’s change of use and certain alterations. The current status of the relevant documentation should be confirmed during due diligence.
The proposed conversion of the Kaķenieki property into a 90-bed care facility remains subject to planning and building approvals. No approved conversion permission is represented as part of this listing.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
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The main expansion opportunity is the company-owned former school property in Kaķenieki, intended for conversion into a 90-bed residential care facility. Together with the existing 80-bed SARC AUCE centre, this could increase combined capacity to 170 beds.
The Kaķenieki property comprises approximately 1,287.1 m² of building space on an 8,792 m² plot. Development requires renovation, equipment and the necessary approvals. A technical assessment and a preliminary conversion cost estimate are available for buyer review.
A future operator could build on MILUR’s existing care experience, including dementia care, to serve additional private clients and municipal care purchasers. Development could be phased, subject to design, approvals and commercial feasibility.
- Competition / Market:
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The business competes with public and private residential care providers, as well as home care services. Key competitive factors include care quality, fees, location, available capacity and qualified staff.
SARC AUCE’s strengths include an established operation since 2016, capacity for 80 residents, experience in dementia care and company-owned premises. The separate Kaķenieki property offers potential for a further 90 beds, subject to investment and the necessary approvals.
Ongoing competitive considerations include recruiting and retaining care staff, managing operating costs and maintaining affordable fees while delivering consistent care.
- Reasons for selling:
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The owner wishes to focus on other business interests and pursue a different direction.
- Trading hours:
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24 hours a day, 7 days a week, including weekends and public holidays.
- Employees:
- 18
- Years established:
- 2014
Other Information
- Support & training:
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Handover support can be agreed with the buyer to assist with the transition. This may include introductions to staff and key contacts, familiarisation with daily operations, care procedures, administrative processes and property documentation.
The scope, duration and terms of any support or training will be agreed as part of the sale.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
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Seller financing may be available for part of the purchase price for up to 12 months, subject to an agreed initial payment, repayment schedule and satisfactory security. All terms are subject to negotiation and agreement.
- Website:
- Login or register to view link
- Home based:
- This business can be run from home
