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Nursing Home With High Yield
Location: Finland -> Helsinki
Industry: Health and Medical > Long-Term Care Facilities

Business Summary

A nursing home. with high yield, near Helsinki.

The building was constructed in 1986: 7 separate rooms (bedrooms), living room with fireplace, lounge, kitchen, 3 bathrooms and a shower room, utility room, Laundry, terrace, barbecue, veranda. Plot for commercial use, with an area of 2 420 sq. m. is owned by. Permission to build on the plot, on the area of 605 sq. m., of which used 302 sq. m. in the remainder of 303 sqm At the end of the lease may be: to extend the term of the contract, to reconstruct houses for the elderly, increasing the area of nursing home 2 times, or to construct a new building with an area of 605 sq. m., on the site of an earlier building for any commercial activity: fast food, supermarket, hotel.

The nursing home is located 29 kilometers from Helsinki. The value of the object - 636 000 euros. Income - 10 % (63 600 Euro per year): the contract of the lease to may 31, 2019 + option to extend for another 5 years. Annual property tax is 1 EUR 380. Property insurance: about 800 euros per year. Disposable income - about 9.7% per annum. For the acquirer of this business there is a possibility to obtain a residence permit in Finland. The documents are ready to deal. Additional information is available upon request.


Asking Price Range:  $500K - $1.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1986
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale


View Larger Photo(s) Of Business
Nursing Home With High Yield Photo 1 Nursing Home With High Yield Photo 2 Nursing Home With High Yield Photo 3

Print Listing Id: 700246732
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