• Fee income for y/e January 2016 of £549,558
• Registered for 20
• Well presented throughout
Impressive detached residential care home, providing elderly and dementia care, registered for 20 residents with strong occupancy levels, Fee income for y/e January 2016 of £549,558, EBITDA £72,347, well presented throughout, 12 single bedrooms and 4 twin rooms. Freehold 41643
This is an excellent opportunity to acquire a well established and highly renowned residential care home, which is situated in a popular and desirable district of Derbyshire.
The care home occupies a secluded position set back from the main road within a residential area that is within easy reach of local amenities.
The care home has successfully operated in the locality for many years and during that time has earned an excellent reputation for providing high standards of care, support and development within a warm and friendly environment. The business subsequently enjoys regular referrals and recommendations and operates with healthy occupancy levels.
There is an experienced team of qualified staff in place which is another factor of the home's success and reputation.
This is a successful business which produces high levels of fee income and associated profitability.
The business has the potential for future improvement by converting the top floor private accommodation into 2 single rooms – subject to CQC approval. This would enable the home to operate at a higher occupancy rate, which will strengthen the financial profile of the business even further.
There is potential to increase fees by £40 per week per dementia resident by becoming part of the Local Authority Gold Standards Framework.
The care home is well presented throughout with tasteful décor creating a welcoming and homely environment.
Summary. This is an opportunity to acquire a well established and profitable freehold residential care home, which is situated within a highly desirable locality. To avoid disappointment, viewing is strongly recommended.
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