Listing #:1462258332
Rest Home - High Occupancy, Good Earner
Location: Palmerston North, Manawatu / Wanganui
This established, well maintained Rest Home caters for permanent and respite guests with license for 25 beds. Private or shared rooms are available, which can be individualised to the guests tastes by adding personal items. The property is in very good condition and appearance, and is positioned for a pleasant outlook over a reserve.

The business has a generous and growing annual turnover, with steady profits, likely to be enhanced in the future with New Zealand's aging population profile. Barriers to entry should protect earnings by discouraging new businesses to start in the industry.

The current owner is looking to retire and would like to hand over to someone with compassion and empathy for the elderly. The sale is a freehold going concern.

Price $2,025,000

Agency reference #: 28498
Asking price: $2,025,000
Listed: Wed 8 Nov, 3:25 pm
Steve Davey
ABC Business Sales Limited
  • Contact Details
  •  (06) 3588842
  •  (027) 2576856


Agent's details

Steve Davey
  •  (06) 3588842
  •  (027) 2576856
Jonathan Toomey
  •  (06) 2802671
  •  (027) 2167830
ABC Business Sales Limited
(09) 6301600

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