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Highly Profitable Nursing Home West Midlands
£3,400,000

Nursing home for the elderly
Registered close to 50
90% effective occupancy March 24; AWF £975
Weekly income c. £36,071
Annualised c. £1,875,717
FY23 income c. £1,842,106
FY23 ANP c. £535,000
Registered manager in place
Share sale
EPC rated D

NGA Care are delighted to offer for sale a highly profitable care home with nursing which is registered for close to 50 residents.
The highly profitable management run home has an excellent reputation. As of March 24 the home trades with an effective occupancy of c. 90% generating c. £36,071 per week which annualised is c. £1,875,000. FY23 revenue was £1,842,106 generating adjusted net profit of c. £535,000. This is a great bolt on opportunity for an existing operator or a new entrant to the sector. EPC rated D.