Highly Profitable Residential Home in East Midlands Town
£2,400,000
- Residential care home for the elderly
- Town centre location
- 30 effective bedrooms
- Strong occupancy 93% Dec 2024; AWF 880
- FY24 Income £1,230,641
- FY24 EBITDAR c. £374,000
- CQC Good
- Registered manager in place
- Retirement sale
- EPC rated B; council tax band F.
NGA Care are proud to offer for sale a profitable residential care home for the elderly, centrally located in an East Midlands town. 30 effective bedrooms with strong occupancy, with high proportion of private payers. FY24 P&L indicates revenue of £1,230,641 with an EBITDAR of c. £374,000 run under management. CQC Good, registered manager. Genuine retirement sale. EPC rated B and Council tax band F.
This opportunity would suit new entrants to the sector and existing regional operators.
Highly Profitable Residential Home in East Midlands Town
Sale Type: For Sale
Ref #: 1018
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P: 07943107887