Portfolio Of Purpose Built Residential Care Homes - Midlands
POA
- Clustered portfolio of well presented residential care homes
- All purpose built and rated Good by CQC
- Good overall occupancy and increasing
- Current weekly Income c. £88,658, Annualised c. £4,610,000
- June and July EBITDAM c. £200,000; Income c. £741,000, FMT c. £1.2m EBITDAM
- Purpose built detached day care facility included
- Building plot for further care unit, assisted living scheme or retirement bungalows
- Excellent bolt on opportunity, substantial B&M values
- Good reputations, genuine retirement sale
- Share sale, EPC rated B,B & C
NGA care are delighted to offer for sale a portfolio of purpose built residential care homes conveniently clustered in the Midlands. Overall occupancy is at c. 90.5% and increasing, with strong levels of private paying clients. All are offered in good decorative order and run under management. This is a rare opportunity to acquire an excellent bolt on opportunity that offers trade uplift and further development potential. Current weekly income for the group is c. £88,658 - 90% occupancy. June and July EBITDAM c. £200,000 off c. £741,000 revenue. FMT £1.2m (26%). All homes are rated Good overall. Substantial bricks and mortar values. Genuine retirement sale. Method of transfer is share sale. EPC rated B, B & C.