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Clustered group of residential care homes East Midlands
£1,650,000

Two well-presented residential care homes for the elderly
Clustered for operational efficiencies
Registered for close to 50; 65% en suite provision
Good occupancy levels
AWF c. £750; fee range £649 - £845
Current weekly Income c. £28,489; Annualised c. £1,494,428
FY23 income c. £1,404,044; Adj. Net Profit c. £270,000
Registered manager in place
Ideal FTB / bolt on for existing operator
EPC rated exempt & D , Council tax bands G and G

NGA Care are proud to offer for sale a group of elderly care homes conveniently clustered in the East Midlands. The management run businesses are well presented and would be ideal to new entrants to the sector or an acquisitive local/regional operator. The homes trade with good occupancy levels which is increasing with current income annualised of c. £1,494,000. FY24 income was £1,404,044 with an adjusted net profit of c. £269,810. Total registered beds is close to 50 with c. 65% en suite provision across the services. Early viewing highly recommended.