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Clustered group of residential care homes East Midlands
£1,650,000

Two well-presented residential care homes for the elderly
Clustered for operational efficiencies
Registered for close to 50; 65% en suite provision
Good occupancy levels
AWF c. £802, 95% effective occupancy Jan 26
Current weekly Income c. £33,775; Annualised c. £1,756,000
FY25 income c. £1,646,000; Adj. Net Profit c. £227,000
Registered managers in place
Ideal FTB / bolt on for existing operator
EPC rated exempt & D , Council tax bands G and G

NGA Care are proud to offer for sale a group of elderly care homes conveniently clustered in Lincolnshire. The management run businesses are well presented and would be ideal to new entrants to the sector or an acquisitive local/regional operator. The homes trade with good occupancy levels which is increasing with current total income annualised of c. £1,756,000. FY24 income was £1,646,000 with an adjusted net profit of c. £227,000. Total registered beds is close to 50 with c. 65% en suite provision across the services. Early viewing highly recommended.