Highly Profitable Portfolio of Residential Homes Midlands
Offers Invited
- Portfolio of well presented residential care homes
- Affluent Midlands locations
- All bedrooms with en suite
- FY20 EBITDAR c. £1,384,000, Income c. £2,907,000
- FY21 EBITDAR c. £1,257,000, Income c. £2,558,000
- FY22 projected EBITDAR c. £1,382,000, Income c. £3,100,000
- Strong occupancy with admissions pending
- Majority private clients, AWF £919
- Registered managers at all locations
- Genuine retirement sale
NGA Care are delighted to offer for sale a portfolio of residential care homes conveniently clustered in the Midlands - in affluent locations. The management run businesses are highly profitable and well presented. All of the homes bedrooms have en suite facilities. FY22 projected income is c. £3,100,000 with an EBITDAR of c. £1,382,000. Majority of service users are private payers and overall AWF is £919. This would be an ideal bolt on for an existing operator, share sale, genuine retirement sale.