Nursing/Care Homes for sale in Devon

View the "RESIDENTIAL CARE HOME - DEVON" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Freehold Price: £745,000 Price Reduced Annual Turnover: £272,940
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Business Description
• Registered for 10 residents
• Income for 2015, £272,940
• Adjusted profitability (EBITDA) of £126,790 with a freehold value IRO £525,000
• Delightful semi detached residential care home for adults with learning disabilities

Heavily modified end terraced property set in a semi-rural location, close to the town centre and amenities, registered for 10 residents (Adult Learning Difficulties). Income for 2015 £275,533, EBITDA £126,790. Includes potential one bedroom accommodation for care manager/owner.
Freehold Ref:43052

This is a rare opportunity to acquire a well known and highly renowned freehold residential care home for adults with learning difficulties (18+ yrs old).

The house is a Victorian semi detached property benefitting from a one storey extension and a front conservatory.

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 twenty years. During this time the home 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.

The care home demonstrates an excellent trading record with historically high occupancy at capacity, and there is a compliment 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 fifteen years prior to the current owners who have successfully run this business for a further eight years and is only now being offered for sale due to personal circumstance.

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.

Summary. This is a rare opportunity to acquire a well-established and highly renowned freehold Residential Care Home for people with learning disabilities which is extremely profitable and only now being offered for sale due to ill health. To avoid disappointment, viewing is strongly recommended.
Tenure: Freehold

Listed by: RedwoodsDowlingKerr
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RDK43052
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