Verified Listing
Price : R4,000,000
Listing Type : Nursing Home
Location : Durban
Ref. No : 2852
Year Established : 2011
No. of Employees : 70
Trading Hours : 24/7
Lease Term : Expires 2035
Turnover : R 684 087 pm
Cost of Sales : R 121 832 pm
Expenses : R 465 222 pm
Net Profit : R 97 033 pm
Asset Value : R 750 000

This is a well-loved nursing home situated in a residential area surrounded by a small park and lush garden with three beautiful houses and lovely cottages. The nursing home offers residents comfortable, homely accommodation, personal care, and full health care in an environment that promotes independence, privacy, and choice, providing clean, spacious, and comfortable rooms, tasty, well-balanced, and nutritious meals, social activities, and companionship.

It is managed by professional nursing staff in loving and homely surroundings.  The home caters for assisted living, step-down, and frail care in single, sharing, and private accommodation and specializes in Alzheimer’s care. Turnover: R 8.2m, GP: R 6,7m, Owner’s net earnings: R 1.2m. Asking price is R 4m. Property is excluded.

* Abel Acuna