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Nursing Home with Exceptional Features and Expansion Potential


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Summary
 
Asking Price :
upon request Plus Stock at Valuation
 
Turn Over :
EUR 525,000
 
Adjusted Net Profit :
upon request
 
Value of Fixed Assets :
EUR 25,000
 
Stock Value :
EUR 1,000
 
Years Established :
18
 
Employees :
Owner plus 25 part-time.
 

Business Description
 

Summary :

The Home is well established, with strong reputation and located in an accessible and scenic area in Munster.
 
Full Description :
The Home provides long-term residential/continuing careand short term respite care for dependent older persons.
It takes it's responsibilities very seriously and has gained a reputation for providing close and personal attention.This is well appreciated by the residents and their families.
Capacity is currently limited to 17, with potential to expand by up to 50%, post some building modifications.
The Home is fully HIQA compliant.
 

Opportunities & Expansion :

THere is an opportunity to add 8 double bedrooms which would increasde overall capacity to 25.This would generate a minimum additional income of €300,000 per year.
 

Location Description :

The Home is located in a scenic area situated in a rural setting overlooking an attractive lake.
Ease of accessibility is facilitated by the closeness of the Home to a town and major roads.
 

Competition Market :

While there are a number of homes in the county, few are nearby or provide the level of close and personal attention.
 

Franchise :

No
 

Property Information
 
Site Location :
Cork county
 
Living Accomodation :
n/a
 
Leasehold/Freehold :
Freehold
 
New Lease Available :
No
 
Rent :
0
 
Rates :
6000
 
Approx. Sq Foot :
6000
 

Other Information
 
Trading Hours :
24/7
 
What's forsale :
Includes all assets.
 
Support & Training :
Owner would be keen to ensure a smooth transition takes place.
 
Reason for Selling :
Owner retiring
 
Ecommerce Site :
No
 
HomeBased :
Yes
 
Relocatable :
No
 
Franchise :
No
 
Current Status :
Sold
 
Listing Status :
VERIFIED
   

 
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