Nursing/Care Homes for sale in Northumberland

View the "Group of Two Care Homes - North East of England" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Freehold Price: £1,400,000 Price Reduced Annual Turnover: £1,200,000
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Business Description
• Income of £1.219k for this year end 31st July 2015, generating an adjusted EBITDA of £244k
• Registered for a combined total of 50 residents across the 2 homes
• Large, freehold properties which provide an excellent standard of facilities
• Scope exists to significantly increase both capacity and income through expansion opportunities available at both sites

The opportunity offered is the acquisition of a group of two residential care homes located in the North East of England. Both homes are occupied with a mix of local council funded residents and privately funded residents. Income of £1.2 million for this year end 31/07/15 generating an adjusted EBITDA of £244k.

The opportunity offered is the acquisition of a group of two residential care homes located in the North East of England. Both homes are occupied with a mix of local council funded residents and privately funded residents.

• Income of £1,219K for this year end 31st July 2015, generating an adjusted EBITDA of £244k

• Registered for a combined total of 50 residents across the 2 homes

• Robust organisation structure in place, supported by an experienced, well-qualified and dedicated team of long serving staff

• Fantastic reputation and relationship with local councils, resulting in regular referrals

• Fully compliant with the CQC and The Care Inspectorate

• Large, freehold properties which provide an excellent standard of facilities

• Scope exists to significantly increase both capacity and income through expansion opportunities available at both sites
Tenure: Freehold

Listed by: RedwoodsDowlingKerr
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RDK43899
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