Luxury residential care home East Midlands
DONE DEAL
- Luxury residential home for the elderly
- 30+ effective beds with majority en suite WC
- 90% + Occ. (May 21) with pend. enquires
- Fee range £603 - £975, AWF £802
- Current Weekly Income £21,655
- Annualised c. £1,126,000
- Forecast Profit in excess of £300,000
- Registered manager in place, CQC Good
- Retirement sale
- EPC rated D
NGA Care are delighted to announce the sale of a luxury residential care home in an affluent east midlands village. 30+ single bedrooms with majority having en suite WC. CQC rated good and registered manager in place. Current run rate annualised income c. £1,126,000 - this excludes pending admissions; projected income c. £1,250,000 with a forecast EBITDAM in excess of £300,000. The home has seen historic profits of c. £438,000 in recent years and offers excellent upside. EPC rated D.
We generated unprecedented interest in this care home with multiple offers generated, if you are considering a sale please call our Managing Director Nick Greaves in confidence on 07943 107 887.