Link Business

Profitable Waikato Rest Home For Sale

Listing: #BOP00058

Lisa Lloyd

Broker | Bay of Plenty

Lisa Lloyd

lisa.lloyd@linkbusiness.co.nz

+64 7 579 4994

+64 27 685 4556


About this Business for sale in Waikato

Profitable Waikato Rest Home For Sale


This rest home business should provide a 23% ROI for a managed facility

  • Well established small to medium sized rest home
  • Located in an extremely busy part of the Waikato region
  • Great situation - close to all amenities
  • High occupancy providing a strong profit from the rest home.  Another source of steady income can also be provided from the property
  • Cosy, family atmosphere where residents mingle freely; this truly feels like home

PLEASE NOTE: 

  • There is 10 years remaining on the current term of the ground lease, before the next right of renewal of 21 years
  • The new owner has the potential to earn between $2 - $2.8M net profit over this next 10 years, based on the current profit and occupancy
  • Cash surplus to a full-time working owner is $280,000 for the 2019 financial year

Asking price plus GST if any.

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

 

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

Bay of Plenty
lisa.lloyd@linkbusiness.co.nz
+64 7 579 4994
+64 27 685 4556

Lisa Lloyd

Enquire Now

*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.