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Established Old Age Home with Property

Johannesburg, South Africa
R25,000,000
Operating Business

Situated in the Northern suburbs of Johannesburg, this Old Age Home has been operating for 40 years. This easy to run business has a guaranteed income stream!. The Home has 50 fully furnished rooms, several kitchens, lounges and dining rooms.All meals catered for. There is a team of 50 loyal and well trained staff. 100% Occupancy, with a waiting list for the next few years!

Annual Turnover – R11,5m.

Annual Profits – around R4m.

Selling Price  – R25m (including all furniture and Property valued at R14m.)

Overview

Years

40

Rooms

50

Staff

50

Biz2Sell Business Brokers
Biz2Sell Business Brokers
0 out of 5
Total Sales: 0 Total Listing: 34