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Established Residential Care Home North East Lincolnshire
£1,600,000

1058

Well-presented residential care home for the elderly
35 effective bedrooms; 60% en suite
Consistently 100% occupancy
Current weekly income c. £26,943; annualised c. £1,400,000
Annualised EBITDA c. £285,000
Registered manager in place
Retirement sale
Idea bolt on for existing operator
Asset Sale
EPC rated D, council tax band G; retirement sale

NGA Care are pleased to offer for sale an established residential care home for the elderly. The well presented converted and extended service, is prominently positioned in a residential location, on a main road on the edge of the town. There are 35 effective bedrooms and over half have en suite facilities. The management run business would be ideal to new entrants to the sector or an acquisitive local/regional operator. The homes trade with good occupancy levels with current income annualised of c. £1,400,000. 4 months (Sept 25) annualised net profit c. £285,000. Early viewing highly recommended. EPC rated D and council tax bands G.