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 | |