Retirement Home - 2 hours East of Toronto - $3,000,000

2026 PRO FORMA

INCOME
Resident Rental Package: $1,132,717.00
Respite Income: $5,400.00
Total Income: $1,138,117.00

COST OF GOODS SOLD
Food costs: $129,159.95
Total Cost of Goods Sold: $129,159.95

GROSS PROFIT: $1,008,957.05

EXPENSES
Advertising and Promotion: $2,626.83
Bank Service Charges: $715.33
Computer and Website Expenses: $6,282.48
Dues and Subscriptions: $9,169.04
Insurance: $32,975.39
Office Supplies: $1,571.07
Salaries and Wages: $444,401.98
Gifts: $1,387.78
Professional Fees: $7,867.03
Repairs, Maintenance and Contracts: $78,323.18
Telephone, Internet and TV: $21,478.02
Property Taxes: $46,398.72
Utilities: $78,717.84
Bad Debt: $450.00
Total Expenses: $869,972.55

NET INCOME (ADJUSTED EBITDA): $276,592.36

All financial information is seller-provided and subject to independent verification by the purchaser.