26 beds care home (HWS) - 45 minutes to Toronto
York Region, Ontario — hws
Active
$3,000,000
generic photo used to protect residents privacy
Highlights
- licensed 26 beds
- 20 subsidized
Overview
Very profitable care home (HWS). Owner's Apartment. Easy to operate. Large lot. Future development potential.
Financial Pro-Forma
Revenue
CHO Beds (20)$454,370
Private Beds (5)$106,826
pharmacy/gov't grant$38,680
Total Revenue$599,876
Expenses
Food$51,472
Wages & Salaries$88,229
Utilities$13,990
Property Tax$6,459
Maintenance$1,192
General & Admin$63,000
Insurance$8,458
Supplies$824
Miscellaneous$17,709
Total Expenses$251,333
EBITDA$348,543
CAP Rate12.00%
$63,000 shown in General & Administrative represents owner's wages in Income/Expense Summary. All information herein are provided by the seller. Buyer should verify all information independently.