Two well-presented purpose-built care homes in the Northwest
£12,000,000
- Two highly profitable purpose-built care homes
- 105 effective beds all with en suite
- High occupancy levels c. 95% Apr 24
- Weekly income c. £115,000; annualised c. £5,977,000
- Registered managers in place
- Conveniently clustered for operational efficency
- Good reputations, Gold Standard Framework
- Retirement sale
- Excellent bolt on opportunity
- EPC rated C&E, Council Tax band H&H
NGA Care are proud to offer the opportunity to acquire two highly profitable purpose-built care homes conveniently clustered in the Northwest. All 105 bedrooms have en suite facilities and the homes enjoy consistently high occupancy and currently (April 24) are at 95% effective occupancy. Currently weekly income of c. £115,000 which annualised is c. £5,997,000. The EBITDA is forecast to be c. £2,195,000. Run under management, the homes have excellent reputations and would be an ideal bolt on for an existing operator. EPC rated C&E and council tax bands H&H.