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Profitable Care Home With Nursing East Midlands
Offers Invited

Elderly care home with nursing in residential location
Registered for 40+, 35 effective beds
Average occupancy 31, AWF c. £1,024
FY23 Income c. £1,505,000
FY23 EBITDA c. £182,000
Weekly income c. £31,744 annualised c. £1,650,000
Well presented environment
Registered manager in place
Retirement sale
EPC rated C

NGA Care are delighted to offer for sale a profitable care home with nursing located in an East Midlands town. Well-presented and extended accommodation with 57% of the ground floor bedrooms being en suite. Management run with a registered manager in place. Currently trading at c. 31 residents, generating c. £31,744 revenue per week, annualised c. £1,650,000 with enquires pending. Management accounts for the twelve-month period to end April 23 shows income of c. £1,505,000 and an EBITDA of c. £182,000. FY22 income £1,400,000 with an adjusted net profit of c £216,000. Retirement sale. This is an excellent opportunity for an acquisitive operator or new entrant. EPC rated C.