FHGC Aged Care Facility Business for Sale Taranaki

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Why buy this FHGC Aged Care Facility Business

FHGC Aged Care Facility Business for Sale Taranaki

Perched on the rolling hills of the Taranaki countryside, this facility offers stunning views of Mount Taranaki and its scenic surroundings. This Freehold Going Concern, facility offers Rest Home, Dementia, Short-term/Long-term Respite Care, Boarders and the opportunity to build 20+ Hospital beds with 8 bedroom staff accommodation onsite (fully occupied).

The property consists of an older styled aged care facility on a rural site. The facility was first constructed in the 1970’s providing mixed aged care services. It has had various additions over the years and provides for a total circa 1,139 square metres of care accommodation with two separate four bedroom dwellings on a site area of 1.0102 hectares.

Since purchase the owner has undertaken improvements to the facility. As at 31st March 2024 the facility reported the following key performance indicators (1) occupancy greater than 90% occupancy, (2) EBITDA $846,453 and (3) EBITDAR $1,009,394, indicating a well performing facility of this bed size and services offered.

The facility offers an exciting opportunity to build a proposed 20 bed hospital with design/costings available. Based on the land area available and council approval, an opportunity exits to build this facility into a larger 60+ bed facility.

This is a very attractive proposition for an operator who wants to purchase a well-managed facility, occupancy trending greater than 90%, the opportunity to expand bed numbers and the owner offering post sale support.

ASKING PRICE: Freehold Going Concern $5,000,000 (+ GST if any)

For more information, visit www.barkerbusiness.co.nz/BBS2560 , register your details & submit the online Confidentiality Agreement. Once Frank receives your expression of interest he will be in touch.

Source of information - Supplied by the Business Owner.
Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2024.

Property Code: 1435