Date Posted: 16/10/2023
Property Status: For Sale
Management Type: Manager operated
Region: East Midlands
Guide Price: Best Bids Invited (Freehold)
NGA Care are proud to offer for sale an established, award winning care home with nursing, that is located in a popular East Midlands town and has come to market for the first time, so that our client can retire. Registered close to 40 and is rated good by the CQC, the consistently highly profitable home has an excellent reputation for the care they provide.
Accounts for FY23 reported revenue of c. £2,094,500 with an adjusted net profit of c. £1,082,000. Current annualised income is c £2,238,000. There is further growth potential with the neighboring property being included in the sale, with planning pending for the demolition of the building and new construction of a significant extension to the care home. This rare opportunity would ideally suit an established regional operator and would be a fantastic addition to any portfolio.
Contact Nick Greaves at NGA Care on 01858 450 754 | 07943 107887