Chandler & Co

Profitable Residential Care Home For Sale

NGA Care
Date Posted: 14/02/2019
Property Status: For Sale
Management Type: Manager operated
Region: East Midlands
Beds: 39
Guide Price: £1,695,000 (Freehold)
Single Beds: 39
Reference: NGA 808
Well maintained extended residential care home, 39 effective beds with 82% en-suites. Consistently strong occupancy, current at 89.7% with AWF of c £601 generating c. £21,035 per week. Management accounts for the 9 month period ending 30 September 2019 saw income at £755,994; EBITDA of £167,248. Annualised Income of c. £1,008,000 and EBITDA projected at c. £223,000. Registered manager in place, located in the Midlands with good road networks. C.2.7 acre plot with scope for further expansion (STP). Offers encouraged. Please visit our website and register for further details: www.ngacare.co.uk or call Nick Greaves on 07943 107887.

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Chandler & Co