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

Nursing home for the elderly
Effective occupancy 40+
95% effective occupancy May 24; AWF £1,062
Weekly income c. £41,412
Annualised c. £2,153,442
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 majority purpose built care home with nursing which is registered for close to 50 residents.
The highly profitable management run home has an excellent reputation. As of 31 May 24 the home trades with an effective occupancy of c. 95% generating c. £41,412 per week which annualised is c. £2,153,000. FY23 revenue was £1,842,106 generating adjusted net profit of c. £535,000. A recent (May 24) CQC mock inspection rated the service as Good overall. This is a great bolt on opportunity for an existing operator or a new entrant to the sector. EPC rated D.