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Major Nursing Care Home In New Brunswick For Sale

New Brunswick
Asking Price:
$21,000,000 (CAD)
Sales Revenue:
$5,570,000 (CAD)
Cash Flow:
Available on request

Major Full Care Nursing Home Operation – New Brunswick, Canada

A large privately owned modernized Nursing Home operation in New Brunswick, Canada. The operation features 218 full care beds in 4 self contained buildings. The buildings were constructed in 1996 / 2004 / 2008 / 2009. The annual revenues for 2015 were $5.7 million with net operating income of $1.453 million. There is government subsidy increase in 2016 equal to $490,000.00 for 2017. There is existing financing in place of $14,000,000.00 which could be assumed by a qualified buyer.

The facilities have in been in operation for the past 20 years. The current owners have been operating since 2012. The owners are looking to sell to pursue other business interests.
The asking price for the business is $21,000,000.00 Cdn. Serious inquiries only please.

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