Total of 18659 firms and businesses for sale today Saturday 4th May 2024
Sold. Long Established Residential Home In County Armagh For Sale
LISTING DETAILS
Firms For Sale ID:
28394
Vendor reference:
BizSales 2091
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Business opportunity:
Asking price:
Undisclosed
Furniture, fixtures, fittings and stock included.
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
£200,000 - £500,000
Net profit / cashflow:
£1,000 - £100,000
Years established:
24
Trading hours:
24 x 7
OTHER DETAILS
Reason for selling:
Owner has retired.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Living accommodation:
As this is a residential home with 12 beds a new owner could chose to live on site. When the present owners first opened the home they lived in the premises for a number of years.
BUSINESS DESCRIPTION
This12 bed residential home on an elevated site in a rural area of North County Armagh, Northern Ireland is ideal for an ambitious person wishing to set up his/her own residential home. It is also suitable for an existing care home business wishing to expand, as there is an opportunity to purchase an adjacent block of land and in addition an adjoining dwelling with an extensive garden.
Expansion Potential
There are opportunities to physically expand the home by purchase of an adjacent parcel of land. The owner will also consider selling an adjoining dwelling which sits on an extensive garden.
Market / Competition / Non-Competition Agreements
There are a number of other nursing and residential homes in the County Armagh area, but these tend to be larger, urban based homes. The current home is known for its “homely” feel and rural location.