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Highly profitable group of care homes East Midlands
Best Bids Invited

Well presented care homes
Specialising in residential dementia and care with nursing
Conveniently clustered in an East Midlands town
Registered for 75+ beds
Current combined effective occupancy 98.5%
Current weekly Income c. £57,500; Annualised c. £2,990,000
Annualised EBITDA c. £575,000+
Registered managers in place, CQC Good
Includes income generating block of apartments
Excellent bolt on opportunity, Share Sale

NGA Care are delighted to offer for sale a group of elderly care homes conveniently clustered in an East Midlands town for operational efficiencies. The award winning management run businesses are highly profitable and well presented. The homes trade with high occupancy with current income annualised of c. £2,990,000. 3 months trading to 30.06.24 saw EBITDA of c. £144,000 from revenue of c. £767,000. Planning granted for an extension and additional income being generated from a valuable block of apartments that have further potential. This would be an ideal bolt on for an existing operator, share sale, genuine retirement sale.

Highly profitable group of care homes East Midlands

Sale Type: For Sale

Ref #: 986