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Established residential care home in Lancashire town
£800,000

1022

Residential care home for the elderly
Prominent town centre location
20 Single bedrooms
7 rooms en suite WC
100% effective occupancy
Weekly income c. £17,866; AWF £893
Annualised income c. £929,000
Registered manager in place
Retirement sale
EPC B; Council tax band E.

NGA Care are delighted to offer for sale an established residential care home for the elderly, centrally located in a Lancashire town. 20 effective bedrooms with strong occupancy - 100%. FY24 P&L indicates revenue of £732,000 run under management. Current weekly income is c. £17,866 with an average weekly fee of £893. A FMOP of c. 15% would indicate EBITDA of c. £130,000 based on conservative income of c. £875,000. Registered manager in place. Genuine retirement sale - family owned for over 40 years. EPC rated B and Council tax band E.
This opportunity would suit both new entrants to the sector and existing regional operators.