Date Posted: 30/03/2020
Property Status: Under Offer
Management Type: Manager operated
Region: East Midlands
Guide Price: £750,000 (Freehold)
Reference: NGA 850
Early expressions of interest are invited on a residential care home located in the East Midlands. Registered for 29 and run under management, the highly profitable business is rated Good all areas (2019). Current occupancy is 96.5% with weekly income of £14,728. 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.