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Two well presented care homes in the East Midlands
£4,000,000

Two conveniently clustered care homes
Specialising in residential dementia and care with nursing
Registered for close to 60
Current occupancy 100% April 2024
Current weekly Income c. £46,000; Annualised c. £2,393,000
Forecast EBITDA c. £750,000
Registered managers at both locations
CQC Good Overall both locations
Excellent bolt on opportunity
Genuine retirement sale

NGA Care are delighted to offer the opportunity to acquire two highly regarded boutique care homes conveniently clustered in the East Midlands. Registered for close to 60, the homes have consistently high occupancy and currently (April 24) are at 100% effective occupancy. Currently weekly income of c. £46,000 which annualised is c. £2,393,000. The EBITDA is forecast to be c. £780,000. Run under management with both services rated Good overall by the CQC. The homes have excellent reputations and would be an ideal bolt on for an existing operator or a first time buy. EPC rated B&C and council tax bands H&G.