Need help?

Profitable Nursing Home for Sale in Chiang Mai, Thailand

Award-winning, successful elderly care business in Chiang Mai with global recognition and high occupancy rate.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 2.6 million
Run Rate Sales USD 2.85 million
EBITDA Margin 30 - 40 %
Industries Nursing Homes
Locations  Chiang Mai
Local Time 3:36 AM Asia / Bangkok
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 17.4 million (Native Currency: THB 550,000,000)
Reason: The owner wants to retire from the business. The valuation is based on 11 years of industry presenc... View More
Includes physical assets worth USD 13.3 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Located in Chiang Mai, the business has earned global acclaim, winning the 'Most Outstanding Care Resort in the World' award 6 times, underscoring its excellence in high-quality elder care services.
- Featured by major international media outlets, including BBC, Discovery Channel, Al Jazeera, and Canadian TV, and many national newspapers and magazines, this facility has a strong global reputation and media presence.
- With 95 rooms currently at 80% occupancy, the business demonstrates significant capacity and scalability potential for future growth in senior living solutions.
- Offers a range of care packages and accommodation options, with monthly fees that vary based on the level of care required and room type.
- The facility operates under an official care facility license, ensuring compliance with regulatory standards and commitment to high-level personal elderly care.
- The care industry in Thailand is growing rapidly, but no doubt that building a business presence, especially one with such a strong reputation, takes significant time. This business suits those who want to maximise the current business by investing in a new building, and also for those who wish to operate more facilities using our brand as both a 'template' and a marketing 'header'.
- Post-COVID years have witnessed a considerable increase in demand and revenue, positioning the business as a leader in senior care facility recovery and growth.
- Projections indicate achieving full occupancy within the next 1-2 years, reflecting strong market demand and operational efficiency in the senior care sector.
Products & Services Overview
Our business thrives on a full nursing home care service, whilst not looking or feeling like a nursing home. Our high staffing ratios and culture of providing care from the heart and protection of individual dignity have made us one of the top facilities worldwide. Our guests are worldwide but predominantly from the UK and the USA. Most stay long-term, usually 'for life'.
One of the top-selling assets is the northern Thai culture of respect and love for the elderly. This is seen daily, and its benefit to the business cannot be understated. We are not sure how other businesses in Thailand praise their staff, but we certainly value ours.
Assets Overview
Physical assets include land and building which is about 90% of the total asset value, and the rest is furniture and fixtures. Intangible assets include staff and clients.
Facilities Overview
Own property of 35 rai (12 acres) with many villas in total 97 rooms, plus extensive staff accommodation (a necessity for 24-hour working in this conservative, family-centric location), 2 swimming pools, a sauna, a huge activities centre, a physiotherapy room, a lake, many trees and gardens. It is located above Chiang Mai, approximately 20 kilometres north of the city centre.
Capitalization Overview
Self-funded.
No outstanding loans or debts.
One owner is holding 100% shareholding.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer 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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more

    Chat with Us
    Welcome to SMERGERS