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For Sale
- Clustered group of residential care homes NOW SOLD!,
Clustered group of residential care homes NOW SOLD!
DONE DEAL!
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- 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
- Current weekly Income c. £33,775; Annualised c. £1,756,000
- FY 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 delighted to have sold a group of elderly care homes conveniently clustered on the boarders of South Yorkshire and Lincolnshire. The sale of Plenus Care Limited, which trades as The Manor care home near Gainsborough and Lindum Court at Owston Ferry near Doncaster have been confidentially sold to an existing operator. The management run businesses are well presented, both rated as requires improvement by the CQC and are profitable. With a combined registration of 49, the successful homes traded with high occupancy. The sale enables our client to focus on their family and other business interests.
NGA Care continues to successfully transact care homes in the central region, in particular Lincolnshire, and we have many funded buyers keenly looking to acquire further care homes. If you are considering a sale please call our founder, Nick Greaves - in confidence on 07943 107 887.
