Aged Care Facility, Waitemata DHB For Sale

Description

Located in Auckland, this managed aged care facility presents an outstanding opportunity to acquire an established mid-sized operation offering both Hospital and Dementia care services.The business has developed an excellent reputation within the aged care sector and has consistently maintained strong occupancy levels and revenue growth, making it an attractive investment for experienced operators and long-term investors.Significant expansion potential exists through the proposed addition of approximately 30 further beds. Preliminary plans have already been prepared, providing the opportunity to increase the scale of the facility in this highly desirable location, subject to obtaining the required council approvals.The premises are maintained to a high standard, featuring well-kept grounds, recently upgraded wet areas, and attractive views across Auckland City. Daily operations are managed by an experienced Facility Manager, supported by a skilled and dedicated team.Business Performance* Average occupancy rate of 94.5% over the past four years.* Average annual revenue of $4,269,990.* Revenue for the year ended 31 March 2026 of $4,771,922.* EBITDAR for the year ended 31 March 2026 of $518,589.* Further opportunities available to improve profitability through operational optimisation.Key Opportunities* Improve financial performance through operational efficiencies and cost optimisation.* Expand the facility with approximately 30 additional beds, subject to approval.* Acquire an established aged care operation with a strong market reputation and proven performance.Vendor Asking PriceLand & Buildings: $6,000,000 plus GST, if any.Business: $1,500,000 plus GST, if any.