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Retirement Village And Old Age Home – KZN For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R8,000,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Retirement village and old age home – kzn

Business selling price: R 8 Mill

Property/building selling price: R 10 Mill

Nett profit: R 175 k p/m

Description: This uniquely laid out Retirement Village provides a comfortable and secure home for Senior citizens. Located in a prime and quiet suburb of KZN this outlet offers serene and lush borehole watered gardens. An option to Purchase the Property as a separate entity valued at R20mil is also available. The business has a passion for helping the community by providing better living conditions for the elderly & seniors. An important issue around medical care includes own in-house and frail care centre. The founder of this business took over a small and non functional business and turned it into a thriving community based/social environment whilst reaping a highly profitable establishment. With its dedication to its client base this business fills a gaping hole toin the market and constantly holding a waiting list for the aged. After 20 years in the Business and its responsibility to helping the elderly in every possible way is a great accomplishment. By compiling various resources in South Africa this outlet provides the elderly direct access to basic age care facilities, health care, social security, safety & security and entertainment amenities. They serve the community all capacities with the aim to attain peace and prosperity for the retired. There are a variety of living options from to shared to own private rooms. Seniors who require outside assistance have apartment-style living and staff on-hand to help with home services and medication supplies. Nurses and Doctors are on call at all times. Employees are skilled to different levels of credentials such as support staff, clerks, cashiers, accountant, maids and chef. Many retirees are be surprised to discover that the affordable costs of this retirement village. Most elderly people are pensioners or they get money from their children. The atmosphere is amazing and like being in a holiday resort with beautiful gardens, communal lounges, outdoor seating, events, entertainment, 3 meals a day and dining room with regular social communication. This is a profitable and well established Business.

Please reply for further info

Michael

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Retirement Village

Location:

Ideally Located

Premises Details:

Large premises

Planning Consent:

None

Business Operation

Expansion Potential:

Great Potential

Competition / Market:

None

Reasons for selling:

Other business interests

Trading hours:

24 Hours

Employees:
25
Years established:
30

Other Information

Support & training:

Training will be provided

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