BUSINESS FOR SALE: Complex Healthcare Residence
Nanaimo, BC
Government-funded residents
Business is not a totally passive investment; however, current owners live part-time out of town.
Suitable experience recommended for owning this business.
Asking Price:
$1,950,000 business
$1,000,000 real estate
$2,950,000 TOTAL
Seller willing to accept 90% paid at closing and 10% paid in 5 years to qualify for BDC financing
All real estate (a purpose-built residential home), all assets, goodwill, and supplies included
No liabilities ($) assumed by new owner
* Owners willing to properly train the new owner (up to 2 months full-time, included in sale price)
Reason for sale: Owners wish to retire
REVENUE: 2023
$ 1,358,021
CASH Flour 2023
$ 468,906
* 10+ Years in business
Long-term (essentially permanent) residents
* Great staff
* No bad debt
No major capital expenditures required
* Good gross margins
* High barriers for new competitors
Serious inquiries only. | Signed NDA required.
