Search Care Homes

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
95% effective occupancy
Weekly income c. £16,829; AWF £886
Annualised income c. £875,000
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 - 95%. FY24 P&L indicates revenue of £732,000 run under management. Current weekly income is c. £16,829 with an average weekly fee of £886. A FMOP of c. 15% would indicate EBITDA of c. £130,000. 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.