• Fee income £652,604 per annum (y/e 31.07.14), impressive EBITDA
• 33 bedrooms with 20 benefitting from en-suites
• Excellent reputation, historically high occupancy levels
Detached residential care home registered for 35 residents with Mental Health. Peaceful yet accessible location, County Durham - Fee income £652,604 per annum (y/e 31.07.14), impressive EBITDA, excellent reputation, historically high occupancy levels, well appointed throughout, viewing highly recommended. Freehold Ref: 43234
This is a rare opportunity to acquire a well known and highly renowned freehold residential care home providing care for residents with Mental Health. The home is located in County Durham.
The home occupies a peaceful semi rural setting approached via a private driveway and amongst open farm, yet is also convenient and accessible with a selection of local amenities and the major commuter routes are close at hand.
The home has been in present ownership for the past 30 years and during this time has earned a truly enviable reputation.
The home provides excellent standards of care, support and dignity within a warm, friendly environment. The business subsequently enjoys regular referrals and recommendations and demonstrates an excellent trading record, with historically high occupancy levels near to capacity.
There is an experienced management team and a compliment of highly qualified care staff in place, which is another factor of the homes success and reputation.
The home operates from substantial and imposing detached period premises which have been updated and extended providing spacious and versatile accommodation.
In addition to the care home, there are also two additional dwellings belonging to the vendor, which are situated in the adjacent grounds and these could be made available by separate negotiation should a prospective purchaser wish to reside in the locality. Further details can be obtained when viewing.
This is an extremely successful business producing strong levels of fee income and generating excellent audited profits. The business would ideally suit an ambitious hands on owner operator or would also prove to be an excellent addition for an experienced operative who already has a presence within the care sector.
To fully appreciate this first class business opportunity, viewing is highly recommended.
Summary. This is an excellent opportunity to acquire an extremely lucrative business with a valuable freehold property and viewing is therefore highly recommended to avoid disappointment.
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