Rest Home Care Facility, Bay of Plenty

Rest Home Care Facility, Bay of Plenty — Healthcare · Bay of Plenty · Asking $1,400,000 · EBITDA $392,992

Privately owned rest home in the Bay of Plenty with a 25+ year operating history and a reputation for quality, family-oriented care. Currently run under management with occupancy greater than 90%; EBITA of $392,992 for the year ending 31 March 2024. On-site cooked meals, activities and outings, plus weekly inter-denominational religious services; health professionals available. Sold as business…

DealProspect/Listings/Healthcare

Rest Home Care Facility, Bay of Plenty

Aged Care Facility

ActiveHealthcareB2C

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Asking price

$1,400,000

Disclosed · NZD

Revenue (est.)

~$1,428,023

Estimated · comparable listings of this type and size

EBITDA

$392,992

Implied multiple

3.6×

asking / earnings

Brief

Privately owned rest home in the Bay of Plenty with a 25+ year operating history and a reputation for quality, family-oriented care.
Currently run under management with occupancy greater than 90%; EBITA of $392,992 for the year ending 31 March 2024.
On-site cooked meals, activities and outings, plus weekly inter-denominational religious services; health professionals available.
Sold as business only on a 21-year lease with right of renewal, with the option to repurpose rest home beds to hospital beds.
Asking $1,400,000; suits a new entrant or an operator expanding a portfolio.

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