22 BED RESIDENTIAL CARE HOME - BRANTFORD - $850,000

Home licensed by City of Brantford for 22 beds. Always full because of high demand for this type of accommodation. Well maintained. Asking $850,000

Pro-Forma Income Statement
   
Revenue  $249,600
Expenses  
    Wages**  $100,000
    Heat, Hydro & Water  $13,200
    Building Insurance  $3,800
    Property Taxes  $5,880
    Food  $30,000
    Building Maintenance  $3,000
    Office Supplies  $500
Total Expenses  $156,380
   
Net Income  $93,220
   
   
*Based on information provided by the owners.      Buyers should verify all information.
** 24 hour supervision by paid staff