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NOTE - Now Under a Letter of Intent
Located in a small town within 30 minutes of one of New Brunswick’s largest cities this seniors’ residence is has been in operation for over 25 years. The 19,800 sq. ft. building is impressive and has been thoroughly renovated and well maintained.
• Long history of profitability
• Guaranteed monthly cash flow
• Well established and respected brand
• Fully licensed
• Realistic opportunities for growth
• Current owners will assist for a reasonable transition period
• Long tenured operations manager to remain after sale
• Well trained and experienced staff expected to remain after sale
Annual Revenues are in the $1.7 M range. The sale will be structured as a sale of shares with a price of $3.2M and the present owners may consider financing a portion of the purchase price for an approved buyer.
Detailed information will be provided on the signing of a Confidentiality Agreement.
Real Property Included
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