Nursing/Care Homes for sale in Somerset

View the "Project Tulip - Residential Care Home, South West" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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S Martin (Feb 2013)
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Freehold Price: £1,500,000
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Business Description
• Strong trading history
• Consistently high occupancy levels and strong relationships with local authorities
• Registered for 26 with possibility for expansion


Freehold residential care home in South West England. Reg for 26 elderly residents. High occupancy levels, strong relationships with local authorities. Management-led with experienced team. Very well maintained with excellent facilities. Strong trading history and profits. Potential to expand. 44115

Project Tulip represents the opportunity to acquire a freehold residential care home located in the South West. The home has consistently high occupancy levels and has strong relationships with the local authorities in the area. The home is management-led with a team of qualified and experienced carers in place. The home has undergone a number of renovations and refurbishments during our clients' period of ownership and the home is very well maintained with excellent facilities.

The business has a strong trading history with income of £576k (y/e 31st August 2014) and EBITDA of £158k. The home provides care for elderly residents and is currently registered for 26. We are advised there is potential to acquire the adjoining building from a third party which could allow for expansion.
Tenure: Freehold

Listed by: RedwoodsDowlingKerr
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RDK44115
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