Project Description

PRIVATE SENIOR COMPLEX CARE HOME FACILITY
Vancouver Island Business For Sale:
Share, Asset & Property

Senior Care Home For Sale: We are proud to offer this excellent opportunity in the senior care sector!

NOT A TYPICAL SENIOR CARE INSTITUTION! This exemplary 19-bed boutique care home commands premium rates due to the superior level of care – in its 15 year history vacancies are rare and waiting lists the norm.

It is common knowledge that Canadian demographics are creating a growing, under-supplied requirement for senior care facilities in British Columbia as well as across the country.

Senior Care Home For Sale

Not only is today’s cash flow very impressive, there is also an optional planned expansion which would more than double the capacity and potentially triple the net profits with the associated  growth and efficiencies.

  • Asking: $5Million
  • Highly profitable, impressive cash flow, and ready for expansion
  • Investor should already have financing in place for this opportunity
  • Could be syndicated or franchised, as the model WORKS – they system is in place, operations work properly, and the business model is turn-key

The Business includes:

  • Real estate (existing location): 7,063 sq. ft. (656 sq, m.) property on Vancouver Island
  • Existing building: fully permitted, licensed, well-managed 3-level facility – Total floor area: 10,156 sq. ft. {943.6 sq. m.)
  • Adjacent 14,314 sq. ft. (1,330 sq. m.) vacant lot – perfect opportunity to expand, increasing the number of licensed beds, could triple net profits!
  • Key personnel agree to remain for an agreed-to period under contract if required, as staff or  in an advisory capacity, or both

This impeccably maintained facility provides a Home and Family like setting for individuals who are already disabled to the point of requiring daily nursing care as well as other support services, continuing care facilities provide comprehensive care services in a single setting.

While most older persons and their families see continuing care usually as a last resort, it may in fact be the best setting for disabled persons with multiple health challenges, requiring multiple types of services.

Existing building with extensive upgrades, land and the adjacent property which provides an opportunity to more than double the size of the facility (potentially tripling the net profits), although they have lapsed, the Plans, which were already submitted and approved by the district, are available and the authority has stated that they can be approved again within a month or so.
This business is listed for sale on www.BusinessSellCanada.com

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