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For Sale
- Highly Profitable Sought After Residential Home South East England,
Highly Profitable Sought After Residential Home South East England
Offers in Excess of £3,000,000
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927
- Residential country home for the elderly
- 32 effective beds with 31 en suite WC
- C. 97% Occ. (May 22) with pend. enquires
- Current Weekly Income c. £32,837; AWF c. £1,059
- Annualised income c. £1,707,000
- Last Quarter to April 22 EBITDAM c. £136,000
- Last Quarter to April 22 Income c. £410,000
- Valuable asset on generous plot, well presented accommodation
- Registered manager in place, CQC Good
- Share sale
NGA Care are delighted to offer for sale a highly profitable residential care home located in the South East of England. Well presented and extended accommodation with majority of the bedrooms being en suite. The home is on a good size plot in a picturesque location. Management run with a registered manager in place, the home is rated Good overall. Currently trading at c. 97% effective occupancy generating c. £32,837 revenue per week which annualised is c. £1,707,000. Management accounts for the last reported quarter period to end April 22 shows income of c. £410,000 and EBITDARM of c. £136,000. There is potential to extend the home with secured planning for a net gain of 12 en suite bedrooms and increased day space facilities. This is a rare opportunity to acquire an extremely sought after care home in the South East. Share Sale.
All enquires via Nick Greaves on 07943 107 887.
