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Asking Price$20,000,000
Revenue$5,570,000 Established1996
Cash Flow$1,453,000 Employees88 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed* RelocatableNo
Real EstateUndisclosed* Home-basedNo
* Included in Asking Price
A large privately owned and 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 $5.5 million with net operating income of $1.453 million. There is existing financing in place 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. Serious inquiries only please.

Required Licenses: Provincial License
Seller Financing:A qualified buyer can apply to assume the existing debt of the corporation
Ad #79642
Seller Reference #STJOHNF001-N2
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Contact This Seller
M.G. (Mike) Byrne
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