Highly Profitable Purpose-built Care Home with Nursing East Midlands
£3,500,000
- Purpose-built care home with nursing
- Registered for 50+ 33% en suite WC
- 94% occupancy
- Jan - July 24 income c. £1,328,000
- Jan - July 24 EBITDA c. £273,000
- Annualised c. £480,000 and improving
- Management run, strong staff team
- Excellent reputation
- ideal bolt on for a regional operator
- EPC rated D; council tax band H
NGA Care are delighted to offer for sale a well presented management run care home with nursing for sale in a popular East Midlands town location.
The deceptive property has recently been reconfigured to provide in excess of 50 single beds, 34% having en suite facilities. The care home is well presented and enjoys consistent 90%+ occupancy levels. Management accounts for the 7 month period January to end July 2024 indicate revenue of c. £1,328,000; with an EBITDA of c. £273,000. Which annualised is c. £480,000 and improving. This is a fantastic opportunity for a regional operator to bolt on a well performing dual registered care facility.