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Nursing Home For The Elderly In Barcelona For Sale

Barcelona, Spain
Asking Price:
€1M - €5M Furniture / Fixtures and Inventory / Stock included
Turnover:
€1M - €5M
Net Profit:
€100K - €250K

This beautiful situated nursing home south of Barcelona (Spain) has a capacity for 72 fulltime residents plus 15 in daycare. The company is looking at expanding to 96 the number of permanent residents.
Professionally run, stable and profitable business (since 2005).

Property Information

Real Estate:

Real Property Included

Location:

Half an hour south to the city of Barcelona, the nursing home is located in a quiet, hillside village. Building and land are property of the nursing home.

Premises Details:

The premises are modern, with possibilities for an additional 24 rooms. In total a 2,700m2 constructed (over 4 floors) on a property of 4,500m2.

Size in square feet:
27,000
Planning Consent:

All licenses are in place, expansion for 8 new rooms has been granted.

Business Operation

Expansion Potential:

There is an approved plan for an additional 8 rooms. Financing has been obtained. An additional 16 rooms can be added in a 2nd fase (still to be approved and financed).

Competition / Market:

There are a number of other nursing homes in the area, but the occupancy over the last years has been 100%

Reasons for selling:

Initially nearly 60% of the shares are offered by majority shareholders and founders, looking to retire themselves.

Trading hours:

Not applicable

Employees:
40
Years established:
2005

Other Information

Support & training:

Professional management and staff, including medical support services are expected to continue.

Furniture / Fixtures value:
€500,000 - included in the asking price

Contact B.A. Boss S.L.

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