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 255 to 534 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.
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