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For Sale
- Established Residential Care Home North East Lincolnshire,
Established Residential Care Home North East Lincolnshire
DONE DEAL!
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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 delighted to announce the sale of Glyn Thomas House, 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 of Immingham near Grimsby. There are 35 effective bedrooms and over half have en suite facilities. The management run business was acquired by a regional operator. The homes trade with good occupancy levels with current income annualised of c. £1,400,000. Annualised net profit c. £285,000.
NGA Care confidentially marketed the business for sale and secured multiple strong offers which is indicative of the current market conditions. So if you are looking to sell please call our MD Nick Greaves on 07943 107 887 for a no obligation initial discussion.
