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Highly Profitable Care Home With Nursing East Midlands
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Care home with nursing
Consistent high occupancy 100% Jan 24
Fee range £811 - £1,714
Current weekly income £43,624
Annualised c. £2,268,435
FY23 Inc. c. £2,094,521; Adj. Net. Profit c. £1,082,718
Inc. adjacent property - planning approved for extension to care home
Popular residential location
Retirement sale, CQC GOOD
Council tax band H & E; EPC rated B & D

NGA Care are proud to offer for sale an established, award winning care home with nursing, that is located in a popular East Midlands town and has come to market for the first time so that our client can retire. Registered close to 40 and is rated good by the CQC, the consistently highly profitable home has an excellent reputation for the care they provide.
Accounts for FY23 reported revenue of c. £2,094,500 with an adjusted net profit of c. £1,082,000. Current annualised income is c £2,268,435. As of January 24 the home is full with a waiting list. Private payers have had a 7% fee increase and new private admissions start at £1,200 + FNC. There is further growth potential with the neighboring property being included in the sale, with planning approved (2024) for the demolition of the building and new construction of a significant extension to the care home. This rare opportunity would ideally suit an established regional operator and would be a fantastic addition to any portfolio. Share Sale.