Highly Established Senior Living Business For Sale in Eastern Ontario
Highly Established Senior Living Business For Sale in Eastern Ontario
Ontario, Canada
$ 2,500,000

This well-established independent living facility offers a unique opportunity in the thriving senior living industry. The residence provides 25 private suites equipped with modern amenities, catering to seniors seeking a comfortable and community-oriented environment. With occupancy rates consistently over 90%, the facility generates strong and stable revenue streams. Operating on an all-inclusive monthly rental model that covers accommodations, utilities, meals, laundry, housekeeping, and satellite TV, it simplifies budgeting for residents and ensures predictable income for the business. Spanning over 1.25 acres, the property has potential for expansion that could add up to 50 additional units, significantly enhancing revenue potential. Recent capital investments totaling $135,000 have been made to upgrade facilities and improve resident experience, ensuring the property's excellent condition This business presents a compelling investment prospect in the growing senior living market, offering both stable income and significant avenues for growth. Included in the sale is Land & Building valued at $2,100,000.

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Listing Details

Highly Established Senior Living Business For Sale in Eastern Ontario
Price:
$ 2,500,000

Location:

Ontario, Canada
Down Payment: $ 250000
Gross Revenue:
$ 742000
FF&E Included?:
FF&E Value:
$ 61000

Disclaimer: The numbers are current estimates and are subject to change.

Business Description

This well-established independent living facility offers a unique opportunity in the thriving senior living industry. The residence provides 25 private suites equipped with modern amenities, catering to seniors seeking a comfortable and community-oriented environment. With occupancy rates consistently over 90%, the facility generates strong and stable revenue streams. Operating on an all-inclusive monthly rental model that covers accommodations, utilities, meals, laundry, housekeeping, and satellite TV, it simplifies budgeting for residents and ensures predictable income for the business. Spanning over 1.25 acres, the property has potential for expansion that could add up to 50 additional units, significantly enhancing revenue potential. Recent capital investments totaling $135,000 have been made to upgrade facilities and improve resident experience, ensuring the property's excellent condition This business presents a compelling investment prospect in the growing senior living market, offering both stable income and significant avenues for growth. Included in the sale is Land & Building valued at $2,100,000.

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