Profitable West Midlands Care Home With Nursing
£1,900,000
-
953
- Established care home with nursing
- Registered close to 30
- 93% occupancy; AWF £854
- Weekly income c. £24,232
- Annualised c. £1,260,000
- FY23 income c. £1,191,913; FY23 Operating Profit c. £322,392
- Q1 FY24 inc. c. £313,578; Operating Profit c. £92,605
- Registered manager in place
- CQC rated Good
- EPC rated C
NGA Care are delighted to offer for sale an established care home with nursing which is rated good overall by the CQC.
Continuously trading at high occupancy levels, the highly profitable management run home has an excellent reputation. The home trades with an occupancy of c. 93% generating c. £24,232 per week which annualised is c. £1,260,000. FY23 revenue was £1,191,913 generating an operating profit of c. £322,932. 3 months trading to 30.01.24 £313,578 with an operating profit of £92,605. This is a great bolt on opportunity for an existing operator or a new entrant to the sector. EPC rated C.
Profitable West Midlands Care Home With Nursing
Sale Type: Under Offer
Ref #: 953
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P: 07943107887
