|
GREAT OPPORTUNITY
for a “HANDS-ON”
OPERATOR
This is a fully legal 15-bed Group Home, which complies with zoning, fire and health regulations.
There is a viable opportunity to increase gross income and obtain subsidies from local Government and Social Agencies.
For more information see www.realtor.ca and search for #594096
| PROFIT & LOSS 2015 |
| |
| Income |
|
|
| Room and Board |
|
$145,394.00 |
| Expenses |
|
|
| Property Taxes |
|
$3,881.53 |
| Water |
|
$1,572.00 |
| Wages* |
|
- |
| Bank Fees |
|
$2,823.07 |
| Property Insurance |
|
$3,776.22 |
| Groceries |
|
$19,205.03 |
| Auto Expenses |
|
$6,424.81 |
| Utilities |
|
$12,352.30 |
| Maintenance |
|
$5,203.57 |
| Supplies |
|
$1,747.33 |
| Client Expenses |
|
$748.69 |
| Total Operating Expenses |
|
$57,734.55 |
| |
|
|
| Net Operating Income |
|
$87,659.45 |
| |
|
|
| Note: No wages shown. P&L assumes live-in Owner/Operator provides 24 hour coverage |
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| * Information supplied by owner. Buyer to verify. |
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