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- Highly profitable residential care home in Lincolnshire,
Highly profitable residential care home in Lincolnshire
DONE DEAL!
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850
- Extended residential care home
- Registered for 29
- 93% occupancy, AWF £525
- Weekly income £14,196 (27.05.20)
- Annualised income c. £738,000
- FY19 income £671,485 (31.12.19)
- FY19 EBITDA £164,870
- CQC Good, Registered Manager in place
- Potential to extend, genuine retirement sale
- EPC rated C
NGA Care are delighted to announce the successful sale of a residential care home located in Lincolnshire. Registered for 29 and run under management, the highly profitable business is rated Good all areas (2019). Current occupancy is 93% with weekly income of £14,196. Accounts for the latest 12 month period ending 31.12.19 indicate income of £671,485 with an EBITDA of £164,870. This business is being sold off a profits multiplier of just 4.5. Genuine retirement sale. EPC rated C.
Highly profitable residential care home in Lincolnshire
Sale Type: Sold STC
Ref #: NGA 850
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P: 07943107887
