East Midlands Elderly Care Complex SOLD
DONE DEAL!

NGA Care are proud to confirm the successful sale of Scalford Court Care Home located close to Melton Mowbray in the East Midlands. The management run facility has been acquired by a regional operator through a highly confidential sale process. The profitable business is registered close to 60 residents and has an adjoining development site with planning for an additional 30 bed unit a 5 close care cottages Accounts show income of c. £2,167,000 with an adjusted net profit of c. £416,000. The home has 74% en suite facilities, of which 24 are en suite wet rooms.

Former Director, Sarah Lord commented on the transaction: "Having never sold a business before, it appeared a daunting process initially, but Nick Greaves was there at all times to lend a helping hand whenever i needed it. The procedure would have been far more difficult without his help and his knowledge guiding me over the finish line".

Buyer, Mr Parmar adds: "I have know Nick for many years and it's a pleasure to have finally been able to work together on a deal. Nick's attention to detail and proactive approach ensured everything went smoothly and I look forward to working with Nick in the future".

NGA Care generated multiple bids on this excellent care home. The demand for quality care homes continues to outstrip supply and we urgently require more care homes. If you are considering a sale please contact our managing director Nick Greaves in confidence on 07943 107 887.