• Turnover 31//03/15 £276,341, EBITDA £84K
• Twelve single bedrooms, 9 en-suite, substantial detached property
• Retirement sale
Well established care home registered for 12 residents. All single rooms. Average fees c. £800 per resident per week. Substantial detached, and valuable property. Adjusted net profits for year end March 2015 in excess of £80,000. Mainly private clients. Owner run and managed. Retirement sale. Freehold Ref: 45018
This Business is a well-established and well respected care home which provides quality care within a comfortable and pleasant environment located in Surrey.
The business trades from a three storey, deceptively spacious detached property which has been extended over time to provide good sized accommodation with a home from home feel in the twelve single bedrooms, nine of which have en suite WC facilities.
The bedrooms are all slightly different in shape and design due to the original conversion but all provide residents with a tranquil and comfortable living accomidation on the ground and first floors.
The business was established by our client in 2001 when the property was purchased as a domestic residence and converted to a care home. The home is presented in good order throughout and is only being offered for sale due to retirement.
The company has a good reputation with not only the local authority with regards to placements but also from the private sector, with many residents coming from word of mouth and reputation and has historically traded with a mainly private client base with many coming from the local area such is the overall reputation for the quality of care and overall location, making it a pleasant place to live.
Summary. In our opinion this is a superb opportunity to purchase a well established and well respected care business in an affluent Surrey location on a tree lined avenue.
The home would suit an experienced operator who already has a presence within the care sector or first time buyer given the level of profits for any hands on operator.
Viewing is strongly recommended to fully appreciate the general location, quality of the home and overall business opportunity.
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