Date Posted: 17/02/2022
Property Status: For Sale
Management Type: Manager operated
Region: South West
Guide Price: Bids Invited (Freehold)
Reference: Ref 48149
Redwoods Dowling Kerr are delighted to present Project Aruba. Project Aruba represents the opportunity to acquire a group of four well-established nursing and care homes that are based in the South West of England. Registered for a combined total of 153 residents, Project Aruba provides support and care for elderly residents with provisions for complex needs. The homes have maintained high occupancy rates throughout the pandemic and continue to enjoy strong referrals. The homes also benefit from strong transport links and being close to commuter routes, ideal for visiting family members. Situated on large grounds, the homes also have the the potential to be developed to increase capacity, subject to planning permission.
The business has experienced strong levels of growth since its inception and now boasts strong levels of income year-on-year. The business has achieved a ‘Good’ Care Quality Commission rating in all four of its settings, with a well-qualified, robust management structure in place across all homes, with experienced key members of staff. Having a long-standing reputation with residents and relatives in the local community, which has resulted in establishing strong occupancy levels.