Search Care Homes

Profitable group of nursing homes East Midlands
£4,500,000

1012

Two well-presented nursing homes
Registered for 80+; effective occupancy 72
Current weekly Income c. £72,500, annualised c. £3,770,000
AWF c. £1,250; 62% self-funding residents
FY24 income c. £3,630,015; EBITDARM c. £681,083
Registered manager in place
CQC rated Good at both services
Excellent bolt on opportunity
EPC rated B, C & Council Tax band H, H
Genuine retirement sale

NGA Care are proud to offer for sale a pair of elderly nursing homes conveniently clustered in an East Midlands city for operational efficiencies. The homes trade with good occupancy, strong average weekly fees, with current income annualised of c. £3,770,000. FY24 income c. £3,630,015; EBITDARM c. £681,083. Both services are well presented rated Good by the CQC and would be an ideal bolt on for an existing operator, share sale, genuine retirement sale.