Search Care Homes

Profitable West Midlands Care Home With Nursing
£1,900,000

Established care home with nursing
Registered close to 30
93% occupancy; AWF £854
Weekly income c. £24,232
Annualised c. £1,260,000
FY23 income c. £1,191,913; FY23 Operating Profit c. £322,392
Q1 FY24 inc. c. £313,578; Operating Profit c. £92,605
Registered manager in place
CQC rated Good
EPC rated C

NGA Care are delighted to offer for sale an established care home with nursing which is rated good overall by the CQC.
Continuously trading at high occupancy levels, the highly profitable management run home has an excellent reputation. The home trades with an occupancy of c. 93% generating c. £24,232 per week which annualised is c. £1,260,000. FY23 revenue was £1,191,913 generating an operating profit of c. £322,932. 3 months trading to 30.01.24 £313,578 with an operating profit of £92,605. This is a great bolt on opportunity for an existing operator or a new entrant to the sector. EPC rated C.