Nursing/Care Homes for sale in Greater Manchester

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Imran Ahmed (Nov 2014)
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Freehold Price: £695,000 Price Reduced Annual Turnover: £551,009
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Business Description
• Charming detached nursing home, registered for 18 residents
• Fee Income £551,009 per annum (y/e 31.10.15), EBITDA £147,965 (27%)
• Sought after and convenient residential setting, truly enviable reputation
• Historically high occupancy levels, owner retiring, viewing highly recommended

Charming detached nursing home (Registered for 18 residents), sought after and convenient residential setting, Greater Manchester, Fee income £551,009 per annum (y/e 31.10.15), EBITDA £147,965 (27%), historically high occupancy levels, superbly presented throughout, owner retiring, viewing highly recommended.44227

This is an excellent opportunity to acquire a highly renowned freehold nursing home which is located in a popular Greater Manchester town.

The home occupies a commanding and accessible position in a sought after residential area within a short distance of motorway networks. The town's major commuter routes and public transport facilities are also close at hand.

The home was established by the present owner over 27 years ago and during that time has earned a truly enviable reputation for offering excellent standards of nursing care and the home therefore enjoys regular referrals and recommendations.

The home demonstrates an excellent trading record with historically high occupancy levels at or near to capacity.

There is a complement of experienced and qualified nursing staff in place which is another factor of the home's success and reputation.

The business operates from a substantial and imposing double fronted detached period property which have been sympathetically converted and modernised providing spacious and versatile accommodation which is superbly appointed throughout.

The home is a successful business producing high levels of fee income and impressive audited profits and would ideally suit an ambitious hands on owner operator or would also prove to be an excellent acquisition for an experienced operative who already has a presence within the care sector.

Only now being offered for sale due to retirement, viewing is highly recommended to avoid disappointment.

Summary. This is an excellent opportunity to acquire a first class business with a valuable freehold property which is only now being offered for sale due to retirement. To avoid disappointment, viewing is highly recommended.
Tenure: Freehold

Listed by: RedwoodsDowlingKerr
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