Profitable East Midlands Residential Care Home SOLD
DONE DEAL!
-
975
- Residential care home for close to 50
- Well presented accommodation
- AWF c. £739, range £646 - £1,000
- Current weekly income £28,772
- Annualised c. £1,496,000
- Income c. £1,234,538
- Adjusted Net. Profit c. £253,489
- Run under management, CQC Good
- Share sale
- Council tax band G, EPC TBC
NGA Care are delighted to announce the sale of Orchards House Care Home, a well presented residential care home for the elderly located in the popular Lincolnshire town of Mablethorpe. The home is run under management has close to 50 registered beds and has a great reputation and is rated Good by the CQC. Revenue was c. £1,234,000 which generated an adjusted net profit of c. £253,000. Current run rate annualised income indicates c. £1,496,000 so we forecast profit to increase in the next financial year. The home has been acquired by experienced operators and many others missed out through our confidential marketing process. We urgently require more quality care homes throughout the country, call NOW in confidence to discuss the next steps.
