Date Posted: 08/07/2020
Property Status: For Sale
Management Type: Manager operated
Region: East Midlands
Guide Price: £950,000 (Freehold)
Reference: NGA 848
NGA Care are pleased to offer for sale a well presented, profitable learning disability residential home in the East Midlands.
Easily accessible from the motorway network, the business would be an excellent bolt on service for an existing operator or suitable for a new entrant.
The homes occupancy is in excess of 90% with average weekly fee of c. £908. Current weekly income is £9,987 which annualised is c. £519,346, whilst accounts for the FY19 financial year indicated revenue of £432,306 and an adjusted net profit of c. £151,000 (35%), so an uplift in profitability is forecast.
This is a genuine retirement sale and early expressions of interest are advised. EPC rated D.
Visit ngacare.co.uk or call 07943 107 887 for further details.