Two well presented care homes in the East Midlands
£2,650,000
- Two conveniently clustered care homes
- Specialising in residential dementia and care with nursing
- Registered for close to 60
- Current effective occupancy 102% Sept 2024
- Current weekly Income c. £48,183 Annualised c. £2,505,000
- Forecast EBITDA c. £604,000
- Registered managers at both locations
- CQC Good Overall both locations
- Excellent bolt on opportunity
- Genuine retirement sale
NGA Care are delighted to offer the opportunity to acquire two highly regarded boutique care homes conveniently clustered in the East Midlands. Registered for close to 60, the homes have consistently high occupancy and currently (Sept 24) are at 102% effective occupancy. Currently weekly income of c. £48,183 which annualised is c. £2,505,000. The EBITDA is forecast to be c. £604,000. Run under management with both services rated Good overall by the CQC. The homes have excellent reputations and would be an ideal bolt on for an existing operator or a first time buy. EPC rated B&C and council tax bands H&G.