Two well-presented purpose-built care homes in the Northwest
£12,250,000
- Two highly profitable purpose-built care homes
- 98 effective beds all with en suite
- High occupancy levels c. 98.9% September 24
- Weekly income c. £113,526; annualised c. £5,900,000
- June 24 Qtr EBITDA £448,000; Projected c. £1,788,000
- 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 convenienty clustered in the Northwest. All 98 bedrooms have en suite facilities and the homes enjoy consistently high occupancy and currently (Sept 24) are at 98.9% effective occupancy. Currently weekly income of c. £113,526 and annualised is c. £5,900,000. The EBITDA is forecast to be c. £1,788,000. 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.