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Nursing Home for Sale in Auce, Latvia

Social care home with medical support and private ambulance services for sale.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 600 - 700 thousand
Run Rate Sales USD 1.1 million
EBITDA Margin 16 %
Industries Nursing Homes
Locations  Auce
Local Time 4:35 AM Europe / Riga
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.2 million (Native Currency: EUR 1,900,000)
Reason: Reason for sale: change of investment priorities. Sale of a controlling stake (70%) is also possibl... View More
Includes physical assets worth USD 420 thousand
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Business Overview
Client base:
- Serving over 60 long-term residents at the care home, with 50+ ambulance call-outs monthly across the municipality.
Revenue model:
- Combination of municipal contracts, private payments, and state co-financing.
- Monthly care fees from clients or their families.
- Service agreements with local governments.
- Event-based ambulance rentals and transport fees.
Promoter experience:
- Led by a director with over 10 years of experience in elderly care, team management, and healthcare coordination. Proven track record of building sustainable care solutions in rural areas.
Business relationships includes strong partnerships with:
- Local municipalities (for care referrals and co-financing)
- Hospitals and clinics (for patient transfers and aftercare)
- NGOs and social services (for joint programs and community outreach)
Awards and recognition:
- Recognized by the Latvian Association of Social Service Providers.
- Participation in EU-funded quality improvement projects.
- Positive ratings from state inspectors and family feedback.
Coverage area:
- Services offered across most of the municipality, including remote villages, with reliable transport and mobile medical support.
Social impact:
- Focused on dignity, safety, and inclusion — especially for the elderly and vulnerable populations in underserved regions.
Licenses:
- Certified by the Health Inspectorate under the Ministry of Health.
Products & Services Overview
24/7 residential care services:
- Provided across the municipality.
Includes full-time accommodation, meals, hygiene assistance, and medical supervision.
- Clients: Elderly individuals, people with special needs or chronic conditions.
- How used: Long-term stays arranged by families or social services.
Private ambulance services:
- Operating across the region, including remote areas.
Includes emergency response, non-urgent patient transport, and medical standby at events.
- Clients: Private individuals, event organizers, and local institutions.
- How used: By appointment or on-call; support for local events and care facilities.
Medical and rehabilitation support:
- Available throughout the municipality, including at home.
Includes nursing care, injections, wound care, physical therapy, and post-hospital care.
- Clients: Residents of the care home and individuals living independently.
- How used: On-site or home visits by licensed professionals.
Day care and social support programs:
- Accessible to local residents in need of daytime supervision and social interaction.
- Includes meals, activities, cognitive support, and group therapy.
- Clients: Seniors or individuals with disabilities living at home.
- How used: Daily visits arranged by families or municipal social services.
Our 24/7 residential and ambulance are the top selling services.
Assets Overview
Real estate.
- Two owned buildings, each located on land of over 1 hectare.
- Fully operational facilities including accommodation rooms, kitchens, medical treatment rooms, rehabilitation areas, offices, etc.
- Ambulance fleet: 5 fully equipped ambulance vehicles.
- Dedicated ambulance garage and dispatch infrastructure.
Medical and technical equipment.
- Furniture, beds, lifts, medical instruments, and diagnostic tools.
- Rehabilitation and physiotherapy equipment.
- Kitchen and laundry appliances.
IT and office equipment.
- Computers, printers, phones, and security systems.
Inventory and supplies.
- Stocks of consumables, medical supplies, and hygiene products.
- Spare parts and tools for ambulance servicing.
Facilities Overview
Ownership.
The organization owns two separate buildings, each situated on a land plot of over 1 hectare, providing ample space for care, mobility, and future expansion.
Built-up area and layout.
Both buildings are fully equipped for long-term residential care and medical support.
Includes private and shared rooms, medical rooms, kitchens, dining areas, rehabilitation zones, and recreation spaces.
Large outdoor areas are used for therapeutic walks, gardening activities, and seasonal events.
Number of floors.
Each building has 2 floors, fully accessible with ramps and elevators, and adapted to meet accessibility standards.
Ambulance fleet.
The business operates a fleet of 5 modern ambulance vehicles, ready for emergency response, patient transport, and event coverage.
Additional infrastructure.
Private ambulance garage and dispatch station.
On-site laundry and storage facilities.
Administrative offices for management and social workers.
Legal status.
All property and vehicles are fully owned by the organization, ensuring operational independence and long-term security.
Capitalization Overview
- The business is currently funded through a combination of:
- Municipal contracts and subsidies for care services.
- Private client payments (from residents or their families)
- Income from ambulance services, including event coverage and patient transport.
- Occasional project-based grants (e. g. , EU or national development funds)
Debt and liabilities.
- The business has no outstanding long-term loans.
- One small operational credit line from a local bank (used seasonally and fully repaid annually)
- No leasing obligations on property or vehicles — all assets are fully owned.
Ownership structure.
- The business is privately owned.
- Two shareholders in total:
- Main founder/promoter: 70% ownership.
- Minor partner/investor: 30% ownership.
- No external institutional investors or government ownership.
Recent Activity
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2 Buyers contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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