Accommodation | Aged Care Facility, Waikato Dhb

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Aged Care Facility, Waikato Dhb

Waikato | Ad ID# 3162
Industries  >  Accommodation
Asking Price $1,700,000.00 Inventory $
Included in Asking/Selling Price
Gross Income $0.00 Real Estate $Lease
Stock/Inventory value .00 Year Established NA
FF&E $0.00
Included in Asking/Selling Price
*
Employees




Business For Sale By
Chloe Belli

Contact the Seller
To inquire about this business for sale, click the "Contact the Seller" link below

  Website
Aged Care Facility, Waikato Dhb

This smaller, easily managed, family orientated facility caters for both elderly and young disabled residents.

Located in a vibrant rural community in the heart of the Waikato with an approximate 42 minute drive to Hamilton and 142 minute drive to Auckland (source AA), the original facility structure comprises a well constructed circa 1940's villa with purpose built 1980's and 1990's additions, landscaped grounds and good car-parking to the side. The vendor has advised an opportunity exists for the purchaser to add more beds as the facility is located on a total land area of approx 2,025sqm (more or less).

Providing predominantly Hospital residential care for up to 29 residents, the reported occupancy for the period 31st March 2012 to 31st October 2017 averaged 89% and the reported occupancy for the period 1st April 2017 to 31st October 2017 averaging 81.4%. The reported NZACA September 2017 Waikato District industry standard is 85.5% for dedicated Hospital beds.

The EBITDAR reported for the year ending 31st March 2017 was approximately $275,766. A further opportunity exists to review the business operation due to a senior staff change in the past 12 months, to improve both occupancy and profitability.

This facility would best suit either an owner operator OR a portfolio owner. The vendor has requested a quick sale for genuine reasons and is negotiable price.

Asking Price: $1.7M (Plus GST if any).

If you are interested and would like more information about this business, visit www.barkerbusiness.co.nz/BBS2206 , register your details and submit the online Confidentiality Agreement. Once Frank receives your expression of interest he will be in touch.

*Source of information - Supplied by the Business Owner.

Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2017.

General Information

Home-Based: No

Property/Location

Real Estate: Lease

Other Information

Reason for Selling: NA