Chandler & Co

Sought after West Yorkshire care complex

NGA Care
Date Posted: 14/03/2024
Property Status: For Sale
Management Type: Manager operated
Region: Yorkshire Humberside
Beds: 70
Guide Price: Best Bids Invited (Freehold)
Single Beds:
Reference: NGA987
NGA Care are delighted to offer for sale an established care complex, located in West Yorkshire. The profitable business is registered close to 70 residents and current occupancy is c.100% generating c. £74,500 revenue per week, annualised c. £3,871,000. H1 2024 management accounts show income of c. £1,914,000 with an adjusted net profit of c. £268,000 for the 6-month period. Annualised adjusted profits are projected in the region of £540,000+ with considerable uplift potential. The majority of the residents' bedrooms have en suite facilities and both homes are well presented and mostly purpose-built. The award wining business is rated Good by the CQC, management run and is a great bolt on for an existing operator. Genuine retirement sale. All enquires to nick@ngacare.co.uk | 07943 107 887

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Chandler & Co