• Income £270,000 with high net profit margins, adjusted net profit in excess of £110,000
• Valuable property with potential to extend STPP
• Planning permission granted for a conservatory and en-suite to bedroom to increase registration to 5
Well respected and impressive care home set on the Surrey/Sussex boarders. Registered for 4 residents all with single bedrooms. Potential to extend STPP. Additional two bed bungalow situated in the grounds. Income £270,000 with high net profit margins. Planning permission granted for an extension. Excellent reputation. Owner run. Retirement sale. Offers Invited
Freehold Ref: 44163
Very well established and profitable specialist care home located within a popular and affluent area of Surrey, close to the Sussex border. The town centre is close by which has a mix of independent retailers, national chains and major banks and is served by a number of buses which provide a regular service.
The business operates from a deceptively spacious five bedroom detached bungalow, occupying a corner plot position on a tree lined avenue within a densely populated and affluent residential area. Built around the 1930’s the property has been extended over time to provide good sized accommodation, with a wonderful home from home feel.
The care business was established by our client over 25 years ago, although only moved to the current site in within the last 12 months, which provided the service users with more internal and external space. The care home has an excellent reputation with the local authority with regards to placements and caters for a total of 4 residents suffering with learning disabilities, although most of the service users attend day centers regularly.
In our opinion this is an ideal opportunity to purchase a very well established and well respected care business, in a superb location close to the town centre, along with easy access to London via major road networks and the mainline train station, which provides a regular service in to London.
The home would represent an excellent investment for an experienced operator who already has an existing presence within the care sector, who is looking to expand a group due to the excellent reputation already in place and could be built upon with regards to genuine growth potential, by extending the home to provide additional bed space.
Summary. This is a fantastic opportunity to acquire a very profitable business with genuine potential for growth. A viewing is highly recommended to fully appreciate the business model, location and property.
The business is owned by a husband and wife partnership.
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