Description

NORTH SHORE OF MONTREAL - SPECIALIZED CARE RESIDENCE Residence in operation for over 16 years. Excellent investment, good profitability and excellent staff in place. Residence recognized for personalized care. Excellent business opportunity, private residence, certified, qualified team with a very good reputation and recognized for both the quality of care and its administration. Possibility of balance of sale and purchase or option to purchase the building. Gross income multiplier (GIM) 1.28 Net income multiplier (NIM) 4.38 Minimum occupancy rate (MOR) 79.04% Rate of return on net (TRN) 22.81%

Addendum

*** NORTH SHORE OF MONTREAL - SPECIALIZED CARE RESIDENCE ***

Residence in operation for over 16 years. Excellent
investment with revenues of more than $635,000 per year,
excellent profitability and excellent staff in place. A
residence recognized for personalized care with special
attention, residents and their families are taken care of
and feel safe.

Excellent business opportunity, private, certified
residence, qualified team with a very good reputation and
recognized both for the quality of care and for its
administration.

The management team in place does not take care of patient
care, it is only present to support them and ensure the
proper functioning of the residence.

The residence is equipped with 10 large single rooms, all
equipped with a private and adapted bathroom. Two bedrooms
are large enough and designed to accommodate 2 residents or
a couple.

Beautiful open concept kitchen opening onto the dining
room, a laundry room, a living room and an outdoor garden
with terrace.

The business is sold with all the equipment and furnishings
necessary for operations, certain furniture in the rooms
belongs to the residents and others to the residence.

Geothermal heating and cooling and individual heating and
cooling units to compensate for hot and cold weather in
each of the bedrooms.

Turnkey, very well maintained, windows, roofing, exterior
finish, everything is impeccable.

A beautiful large accommodation is located above the
residence and available to the buyer, for him or his staff,
a large 5 ½, 3 bedrooms, a bathroom and possibility of
setting up a terrace on the roof of the residence .

Here is a summary of its advantages:

* Private, certified residence, with a qualified team with
a very good reputation
* in office for more than 16 years.
* Recognized for personalized care with special attention,
residents and their families are pampered and feel safe.
* Excellent investment with income of more than $655,000
per year
(EBITDA $225,000), excellent profitability and excellent
staff in place.
* 10 single rooms, including 2 doubles (12 places)
* Geothermal heating and air conditioning
* 3 bedroom accommodation on the 2nd floor available for
the owner or his staff
* Possibility of balance of sale and purchase or option to
purchase the building

The actual geographic location is not that located in the
Centris system in order to maintain complete
confidentiality of the residence. A confidentiality
agreement must be signed in order to obtain the financial
statements of the residence. The photos are indicative only.

We would be happy to provide you with more details of this
residence if you wish.