Premium Elderly Care Facility With Development Land
Business Description
We are delighted to present an unparalleled investment opportunity in the heart of the British Columbia interior—a top-tier, private elderly care facility renowned for its exceptional quality of care and outstanding reputation. This prestigious business and property are now available for acquisition as the current owners are relocating to pursue other opportunities.
Strong NOI and profits from existing operating facility. All new building systems, nearly $400,000 spent to date. Development permits in place on additional land are included in the sale. Building permit drawings ready. No loans or equipment leases. Digital records, processes, and building access. 32% gross profit average.
Pricing is based on a $450k NOI (8% Cap Rate) for the operating business plus development land for expansion. All prospective buyers must complete a NDA, submit a corporate bio, and schedule a buyer interview via Zoom video conference.
Strong NOI and profits from existing operating facility. All new building systems, nearly $400,000 spent to date. Development permits in place on additional land are included in the sale. Building permit drawings ready. No loans or equipment leases. Digital records, processes, and building access. 32% gross profit average.
Pricing is based on a $450k NOI (8% Cap Rate) for the operating business plus development land for expansion. All prospective buyers must complete a NDA, submit a corporate bio, and schedule a buyer interview via Zoom video conference.
About the Business
- Facilities & Assets
- The property has beautifully landscaped grounds, complete with walking paths, gardens, and outdoor recreational areas that enhance the well-being of the residents. The facility itself is a state-of-the-art building designed with accessibility and luxury in mind, featuring private rooms, communal spaces, and advanced healthcare amenities.
- Opportunities for Growth
- Development permits in place. Building permit drawings ready.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- Other opportunities
- Transition Support
- Extensive training & support
Listing Info
- ID
- 2260868
- Listing Views
- 2190
Listing ID: 2260868 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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