Hot Listing

Beautiful River Front Personal Care Home - Plenty of Growth Potential

Asking PriceNot Disclosed

Cash Flow
$740,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,300,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

South Side - artist rendering
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Hot Listing

Beautiful River Front Personal Care Home - Plenty of Growth Potential


Asking PriceNot Disclosed

Cash Flow
$740,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,300,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Licensed Personal Care Home
Premier licensed personal care home facility offering an exceptional investment opportunity in Prince Albert, Saskatchewan's growing seniors care market. Established in 2016, this turnkey operation generates $2.3 million in annual revenue with $740,000 in cash flow.

The 43,000 square foot waterfront facility features 56 beautifully appointed suites (46 studio and 10 one-bedroom units) ranging from 275 to 575 square feet. Currently licensed for 62 beds with authorization to expand to 69, the facility maintains near 100% occupancy with a consistent waiting list, demonstrating strong market demand.

Key Features:
• Four-level building with waterfront dining room offering stunning views
• Full kitchen on each level
• Laundry facilities on each of three upper levels
• Wearable device nurse call and wander guard systems
• Comprehensive security camera coverage
• In-suite adjustable central air conditioning and heating
• Walk-out lower basement level with room for further development

The sale includes an adjacent 23,000 square foot property, currently generating rental income from a 5-bedroom home, providing immediate additional revenue and future expansion possibilities.

Growth Potential:
• Expand licensed beds from current 62 to authorized 69, and possibly beyond
• Develop lower level for assisted or independent living units
• Utilize adjacent property for future expansion

This investment combines substantial real estate assets with a profitable operating business in the stable personal care home sector. The facility's excellent reputation, prime waterfront location, and significant expansion opportunities make it an ideal acquisition for investors seeking immediate returns and long-term growth potential in Saskatchewan's seniors care market.

See riverbreeze.ca for services, amenities, and photo gallery.
About the Business
Years in Operation
9
Number of Employees
30
Facilities & Assets
Beautiful 56 suite, 4-level property, boasting a waterfront dining room with amazing views and full kitchen on EACH level. Completed June 2016, approximately 43,000 squ ft, including the partially developed, walk out lower level, holding potential for even further development.

Equipped with a wearable nurse call and wander guard system, numerous security cameras throughout, and in-suite adjustable central AC and heat.

Includes adjoining lot of 23,000 square feet, with 5 bedroom rental home, providing rental income until you are ready to expand.
Website
https://riverbreeze.ca/
Opportunities for Growth
Currently licensed for 62 and authorized to increase up to 69 personal care home beds. Suites are very generously sized, from 275 sq ft to 575 squ ft. Lots of potential to increase the number of licensed personal care home beds or add assisted or independent living units. Currently, 56 developed suites (46 studio and 10 one bedroom), with room for future development on the lower level and adjacent property.

Amazing opportunity to gain immediate turnkey cash flow, significant profit and future growth potential.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
43,000
Listing Info
ID
2403156
Listing Views
740
Business Location

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Business Listed by: Elaine Spencer

Listing ID: 2403156 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.