Retirement Home, Daycare And Residential
Location Ontario,Canada
Asking Price Range $2.5M - $5.0M
Gross Revenues $710845
Net Profit / Cash Flow $356941
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1983
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Yes.
Reason for Sale The owner is retiring.
Description This facility operates as a Retirement Home and a Licensed Commercial Daycare. The main, mixed use, building has a total area of 14 300 sq ft with an additional 2 165 sq foot and 685 sq ft free standing buildings.
8.67 acres in total Zoned Institutional permitting: auditorium, cemetery, church, nursery public or private school or any public use. 6.17 acres remains vacant.
Although situated next door to an expanding commercial and residential area it provides a large scenic landscape and beautifully maintained grounds. Very cozy, comfortable country home setting within the city limits.
Privately owned for 25 years. Owner wishes to retire. The facility is currently managed by an employee and overseen by the owner. An owner/operator team could really maximize on return. Also ideal for someone who wished to expand the operation into the vacant lands. For further information email or contact Garret deKleer at 519-830-1734.
Click Here To Contact Seller
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