Highly Profitable Care Home With Nursing East Midlands
Best Bids Invited
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972
- Care home with nursing
- Consistent high occupancy 100%
- Fee range £811 - £1,714
- Current weekly income £43,624
- Annualised c. £2,268,435
- FY23 Inc. c. £2,094,521; Adj. Net. Profit c. £1,082,718
- Planning approved for extension to care home
- Popular residential location
- Retirement sale, CQC GOOD
NGA Care are proud to offer for sale an established, care home with nursing, that is located in a popular East Midlands town and has come to market for the first time so that our client can retire. Registered close to 40 and is rated good by the CQC, the consistently highly profitable home has an excellent reputation for the care they provide.
Accounts for FY23 reported revenue of c. £2,094,500 with an adjusted net profit of c. £1,082,000. Current annualised income is c £2,268,435. The home is full with a waiting list. Private payers have had a 7% fee increase and new private admissions start at £1,200 + FNC. Development potential. This rare opportunity would ideally suit an established regional operator and would be a fantastic addition to any portfolio. Share Sale.
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