Portfolio Of Purpose Built Residential Care Homes - Midlands NOW SOLD
DONE DEAL!
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- Clustered portfolio of well presented residential care homes
- All purpose built and rated Good by CQC
- Good overall occupancy and increasing
- Current weekly Income c. £88,658, Annualised c. £4,610,000
- June and July EBITDAM c. £200,000; Income c. £741,000, FMT c. £1.2m EBITDAM
- Purpose built detached day care facility included
- Building plot for further care unit, assisted living scheme or retirement bungalows
- Excellent bolt on opportunity, substantial B&M values
- Good reputations, genuine retirement sale
- Share sale, EPC rated B,B & C
NGA Care are delighted to confirm the successful sale of A L A Care Limited, a portfolio of purpose built residential care homes conveniently clustered in Leicestershire. All of the services are offered in good decorative order and run under management. This was a rare opportunity to acquire an excellent bolt on opportunity that offers trade uplift and further development potential.
All homes are rated Good overall. Substantial bricks and mortar values. NGA Care has brokered the sale to enable our valued clients to retire.
The buyer commented on the transaction: "I wanted to take a moment to express my gratitude for your exceptional support and professionalism during our recent transaction and acquisition. While you were acting in the best interest of your seller clients, your guidance was invaluable to us. You were not only helpful and supportive but also insightful and instrumental in progressing the deal to completion, especially when navigating through the inevitable difficulties and challenges that arose.
In a deal of this size, clear and consistent communication between all parties is crucial. Your expertise and ability to maintain that flow ensured that everything moved efficiently. I truly believe you have the qualities and high level experience required to ensure the smooth and successful completion of care business transactions.
I highly recommend you to anyone considering selling their business and can confidently say that they will be in very capable hands.
Thank you once again for your hard work and dedication.
Kind regards
Shyamal"
The demand for quality care home homes throughout England is outstripping supply and we urgently require more portfolios and single assets for waiting funded buyers. If you are considering a sale please contact our managing director Nick Greaves in confidence on 07943 107 887.
