100+ bed purpose-built care home with nursing - Northwest NOW SOLD!
DONE DEAL!
- Well presented care home with nursing
- 100+ beds all en suite
- 88.5% effective occupancy; weekly income c. £75,765
- Annualised EBITDA c. £572,000; FMT EBITDA c. £800k
- Extensive ancillary space and unused rooms
- Huge growth potential
- Registered manager
- Excellent bolt on opportunity
- Large plot
- Council tax H & EPC rated E
NGA CARE CONFIDENTIALLY SELL NORTHWEST NURSING HOME!
We are proud to announce the recent sale of a large nursing home on behalf of a corporate client.
Following a strategic portfolio review, NGA Care undertook a highly confidential marketing process and secured a sale in quick time.
Buyside legal work was headed by Marcus Everett and Sepideh Doostgharin at HCB Group and sell side by Faisal Dhalla of Bevan Brittan. Stu of Business Finance Expert sourced buyers funding from Metro bank.
This is further evidence of the appetite of regional operators to acquire non-core, corporately owned care homes.
If you are a care group looking to strategically divest non-core assets, please call our managing director Nick Greaves in confidence today on 07943 107 887.
