Very Profitable and Home Away from Home
About this business for sale in Bay of PlentyVery Profitable and Home Away from Home
Been operating as a rest home for nearly 40 years in the same high profile location.
Always maintains high occupancy & always retains a 3 year certification.
Located in a stunning part of Bay of Plenty.
Cash surplus to the full time working owner of around $350,000 after all expenses.
Warm, inviting, friendly and a true home to these residents.
Extra income available from the property also. Or else, can be a managers or owners accommodation.
Asking price: Rest home business $600,000
Full asking price: $2,200,000 plus GST if any
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***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.
*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.