Nursing Home for Sale in Porto, Portugal

Rio Tinto, Portugal
Asking Price: $7,033,956 (€6,000,000 EUR)
Business For Sale Details
Listed on Jan 23, 2024

THE PROPOSED SALE PRICE IS A FINAL CONSIDERATION AND IS ONLY VALID UNTIL SEPTEMBER 15, 2024.

Business Overview
- Nursing home that started 25 years ago with a single building of 750 sq. m. and has grown to two facilities.
- Opened the second facility 7 years ago after an overwhelming demand from patients.
- Now has complete care for its patients, which makes it one of the most wanted nursing homes in the region.
- The total residential capacity is 73 nursing home residents.
- Sales and profit have grown year after year.
- Buyer gets the entire operational nursing home with its two facilities.

PS: There is a business evaluation attached to this page.

Products & Services Overview
- Daycare.
- Nursing Home.
- Internment.
- Gerontology.
- Physiotherapy.
- Doctor's assistance.
- Infirmary.
- Geriatrics.
- Palliative care.

Assets Overview

Two buildings with a total built area of 4,053 sq. m. (3,303 sq. m. +750 sq. m. ) and all of the equipment used in their daily activities. The equipment in both facilities is valued at EUR 400,000.
The buyer will acquire the fully operational facilities.

Facilities Overview
Two facilities that are close to one another.
In the first facility, the social support activity for the elderly began 25 years ago and for the last 22 years, it has had a total accommodation capacity for 22 users in permanent residences spread over 11 double rooms.
This building has a total area of 750 sq. m. and consists of 3 floors that include: a dining room, 3 common rooms for leisure and occupational activities of users, a medical and nursing office, a management and admin support offices, a kitchen, laundry room, staff changing rooms, garage; two pantries - one for storing food products and the other for cleaning, hygiene, and comfort items. 10 years ago, this building underwent interior and exterior renovation work, giving it its current appearance.
The second facility holds an operating license issued 7 years ago with an accommodation capacity for 51 users.
This building has a gross area of 3,303 sq. m. spread over a basement, ground floor, and 1st floor. It has a total of 32 rooms, 13 of which are single rooms, 15 are double rooms, and 4 are suites, It also has common areas, rooms for leisure and occupational activities, a dining room, a kitchen, changing rooms, pantries, technical area, support offices, management office, a laundry area, and parking spaces.
The clinics are located just a bit north of Central Rio Tinto.

Capitalization Overview
- The company has a bank loan of EUR 700k & 570k of which must be repaid in the short term.
- They have EUR 640k in reserves, from previous positive results.
- Business has two owners, both with 50% equity.

All communications and expressions of interest must be made through this route and to the contacts indicated here. Additional information will be given after signing a non-disclosure agreement.

change currency

Financials (USD)

Asking Price $7,033,956

Cash Flow Not Disclosed

Sales $1,577,236

Converted From EUR

Exchange Rate $1.17

Deal Terms

Represented by broker? Available On Request

Buyer Fee? Available On Request

Seller Financing? Available On Request

Willing to co-broke? Available On Request

Principals only? Available On Request

Franchise? Available On Request

Management will stay? Yes

Relocatable? Available On Request

Real Estate? Yes

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

Request Information

Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.

Sign Up

DealStream Awards & Reviews

More Listings Like This
Resources For Entrepreneurs
Industry Guides