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100+ bed purpose-built care home with nursing - Northwest
£3,500,000

1008

Well presented care home with nursing
100+ beds all en suite
88.5% effective occupancy; weekly income c. £75,765
Annualised EBITDA c. £572,000; FMT EBITDA c. £800k
Extensive ancillary space and unused rooms
Huge growth potential
Registered manager
Excellent bolt on opportunity
Large plot
Council tax H & EPC rated E

NGA Care are proud to offer for sale a purpose-built care home with nursing located in the northwest of England. The management run service is well presented and all 100+ bedrooms have en suite facilities. The building was constructed in the 1970's and has an abundance of unused ancillary space, rooms and a 10 bed unit that is not being utilised. The care home has an excellent reputation with the local authority. Current effective occupancy is 88% (85/96 operational rooms) generating c. £75,765 per week. CRR annualised EBITDA is c £572,000 with a matured FMT in the region of £800,000 is expected. This business is an excellent bolt on for a regional operator. EPC rated E and Council tax band H.