• Income for 2014, £145,442, profit for year 2014 is £37,822 net with an adjusted profitability (EBITDA) of £61,542
• Delightful end terraced modified property
• Potential scope to expand, viewing recommended
**OIRO**A 4 bedroom end terraced property, specialist care home set close to the city centre, park and amenities, registered for 4 residents, adults with mental health and learning difficulties. Advised fee income of £145,442 Ebitda £61,542. Additional potential as management run and scope to expand. 44287
This is a rare opportunity to acquire a small, well-known and highly renowned freehold residential care home for adults with mental health and learning difficulties (18+ yrs old) which is situated in the sought after and accessible city in South Wales.
The home is situated in an established residential area, with excellent shopping, beaches and valley areas all close by.
The house is a 1900’s built end of terraced property and is situated close to the city centre.
There are good services within walking distance of the house, including a supermarket and an abundance of other shops, cafes and public houses.
The business has successfully operated in the locality for over 15 years and during that time has earned a truly enviable reputation for providing excellent standards of care and support within a warm and friendly environment. The home subsequently enjoys regular referrals and recommendations. Adding to this is the fact the home is management run with the vendor having minimal input.
The care home demonstrates an excellent trading record with historically high occupancy at capacity, and there is a compiement of qualified and experienced staff in place, which is another factor of the home's success and reputation.
The business is extremely successful and produces healthy levels of fee income and excellent profits. The business was established after the vendor purchased the house fifteen years ago. The vendor is finally retiring, therefore offering the home for sale.
The home would ideally suit an energetic hands-on owner operator or could also be an excellent addition for an experienced operative who already has an existing presence within the care sector.
This is a rare opportunity to acquire a first class freehold residential care home for adults with mental health and learning difficulties (18+ yrs old) which is situated within such a popular location and viewing is therefore strongly recommended.
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