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Highly Profitable Portfolio Residential Care Homes Northwest
£8,500,000

Two care homes offering residential and dementia care
Combined close to 100 effective bedrooms 42 with en suite WC
Current overall occupancy 96.8%, AWF c. £844.
Current weekly Income c. £76,809; annualised c. £3,994,000
FY23 Adjusted Net Profit c. £1,292,910; Income c. £3,473,514
Run under management
Excellent bolt on opportunity
Genuine retirement sale
Council tax band H & E
EPC rated C & D

NGA Care are delighted to offer for sale a portfolio of residential care homes conveniently clustered in the Northwest of England. The management run businesses are highly profitable and well presented. The homes have good occupancy which generates c. £3,994,000 annualised revenue. Income for FY23 was c. £3,473,514 with an EBITDAR of c. £1,292,910.This is an excellent bolt on opportunity for an existing operator. Retirement sale.