Well Presented Profitable Residential Care Home East Midlands SOLD!
DONE DEAL!
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- Established residential care home
- Majority beds en suite
- High occupancy, AWF c. £1,038, affluent location
- CRR annualised income c. £1,349,000
- FY24 8 months income c. £794,944; adjusted net profit c. £293,500
- FY24 annualised income c. £1,192,000 & adjusted net profit c. £450,000
- CQC Good, strong staff team
- Retirement sale
- EPC rated C
- Ideal bolt on or first time buy
NGA Care are delighted to confirm the sale of a well presented country house style residential care home for the elderly located in Derbyshire, East Midlands. The majority the bedrooms have en suite facilities. The management run home has an excellent reputation and is rated Good by the CQC. Situated in an affluent location, the handsome property attracts a high proportion of privately funded residents with an average weekly fee of c. £1,038 and is highly profitable. Also included in the sale was an adjoining property which is the well presented owners accommodation, and could be converted into care/assisted living accommodation (STP & CQC) or utilised as staff accommodation. Retirement sale. Council tax band H and EPC rated C.
Through a highly confidential sale process we sold to an experienced regional operator that will continue to cherish this high quality business. NGA Care generated strong interest with multiple parties missing out but continue to want to grow their portfolio's. If you are thinking of selling a care home or portfolio, please don't delay and contact our managing director Nick Greaves in confidence to discuss your exit plans on 07943 107 887 or email This email address is being protected from spambots. You need JavaScript enabled to view it.
