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- Purpose-built Care Home with Nursing East Midlands SOLD!,
Purpose-built Care Home with Nursing East Midlands SOLD!
DONE DEAL!
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992
- Purpose-built care home with nursing
- Registered for 40+
- Consistent high occupancy; AWF £1,070; Weekly income c. £41,732
- 9 months income c . £1,603,378
- 9 months Adjusted Net Profit c. £331,614
- Annualised Adjusted Net Profit c. £442,000
- Management run, CQC Good
- Genuine retirement
- EPC rated C; Council tax band H
- Ideal bolt on or FTB
NGA Care are proud to have sold, a well presented purpose-built care home with nursing for the elderly located in the East Midlands. The management run home has an excellent reputation and is rated Good by the CQC. Situated in an affluent location which attracts a high proportion of privately funded residents with an average weekly fee of c. £1,070. Revenue was c. £2,040,621 which generated an adjusted net profit of c. £430,000. 9 months management accounts indicate revenue of c. £1,603,378 with an adjusted EBITDA of c. £331,614; which annualised is c. £442,152- with further cost saving potential. Lapsed planning for 6 bed extension. Retirement sale. Council tax band H and EPC rated C.
CONFIDENTIALLY SOLD TO AN EXISTING OPERATOR. WE URGENTLY REQUIRE MORE CARE HOMES TO MEET DEMAND. CALL OUR FOUNDER, NICK GREAVES ON 07943 107 887 OR EMAIL This email address is being protected from spambots. You need JavaScript enabled to view it.
