Price
$995,000 plus GST (if any)
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Wellington Region, Masterton
Category
Accommodation/Motel/Hotel, Retirement Village
Listing #
16096
This tastefully decorated and extremely well maintained 1920's villa sits on 1843sqm of delightfully landscaped grounds. The home can accommodate up to 21 residents. It is a beautiful facility that has an excellent reputation with the health authorities and the wider community. This is reflected in the high occupancy rate and the warm, friendly, professional care that is provided. It is currently run and managed by the Vendor. It holds contracts with the Wairarapa DHB for Age Related Residential Car and Respite Services. The business lends itself to being run by an owner operator although could be run by a manager with some restructuring. The strengths of the business are:
Asking: Business: $195,000 Freehold Property: $800,000 plus GST (if any)
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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