Chandler & Co

Residential care home in coastal resort

NGA Care
Date Posted: 26/06/2019
Property Status: For Sale
Owner Type: Manager
Region: Yorkshire Humberside
Beds: 39
Guide Price: £1,495,000 (Freehold)
Single Beds: 39
Reference: NGA 827
A high quality management run residential care home that has been recently refurbished. The business enjoys consistently high occupancy and as of 26 June 2019, the home is at 100% occupancy with an overall AWF of £500.95. This generates circa c. £19,537 revenue per week and annualised income of c. £1,015,930. FY20 forecast EBITDA is c.£215,000. FY19 income was £919,013 with EBITDA of £190,697. The home was rated as Good overall in the latest CQC report with Caring assessed as Outstanding. The business has an excellent relationship with the local commissioning teams. This is a fantastic opportunity to acquire a well presented profitable business. For further details register at www.ngacare.co.uk

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Chandler & Co