Profitable Residential Care Home East of England
£2,950,000
- Attractive residential care home
- Registered close to 40
- Potential to add beds
- AWF £1,268; majority private payers
- Q1 (June) FY25 Income c. £435,000
- Q1 FY25 Adj Op. Profit c. £147,000
- FY24 ANP c. £400,000 generated from c. £1,443,000
- Management run, CQC Good
- Genuine retirement sale
- EPC rated C; Council Tax band G
NGA Care are delighted to offer for sale an attractive residential care home, which is run under management and located in the East of England. Registered for close to 40 residents the home is rated Good by the CQC. The well run business has consistent profit levels but has the potential for growth through utilizing a number of existing rooms for residents accommodation. Turnover for FY24 was at c. £1,443,000 generating an adjusted net profit of c. £395,000. Q1 of FY25 saw revenue of c . £435,000 with an adjusted net profit of c. £147,000. This is an ideal bolt on for an existing operator/investor or a new entrant.
EPC rated C and Council tax band G.