Business For Sale | X12975532Sale

Rare turn-key business opportunity located at the corner of Queens and Waterloo Street. This is a licensed “Informal Residential Care Facility” known as Thomcare that has been operating since 1997 and the owner is retiring. This 2-storey red brick residence consists of 10 bedrooms offering single and double occupancy for 17 beds, each paying $1, 050.00 per month with a projected annual gross income of $201, 600.00. Other expense category of $28, 938 includes business license: $850, food cost: $18, 261, supplies; $4, 529 and boulevard parking: $5, 299. It also includes a full kitchen, 3 bathrooms and two lounging areas. Fully managed with onsite staff who provide meals and a laundry service. A summary of income and operating expenses, business license and boulevard parking agreement available to interested parties.