Date Posted: 23/05/2023
Property Status: For Sale
Management Type: Manager operated
Region: East Midlands
Guide Price: £2,950,000 (Freehold)
NGA Care are proud to offer for sale an established elderly residential care complex located in the Midlands. The management run facility would suit either a regional operator or new entrants. The profitable business is registered close to 60 residents and current effective occupancy is 98% generating c. £50,000 revenue per week, annualised c. £2,597,000. FY22 had income of c. £2,167,000 with an adjusted net profit of c. £400,000+. The home has a high proportion of en suite facilities including wet rooms.
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