Profitable East Midlands Residential Care Home
£1,700,000

Early expressions of interest are invited as NGA Care are soon offer for sale, a well presented residential care home for the elderly located in a East Midlands town with close to 50 registered beds. The home is run under management and has a great reputation and is rated Good by the CQC. FY22 revenue was c. £1,234,000 which generated an adjusted net profit of c. £253,000. Current run rate annualised income indicates c. £1,496,000 so we forecast profit to increase in FY23. The home is positioned in a town centre, which is popular with retirees. Council tax band G and EPC rated TBC. Ideal bolt on for an existing operator or first time purchase. Retirement sale.