• Fee Income £391,672 per annum (y/e 31.12.15), impressive EBITDA
• Convenient and popular setting, well presented spacious property
• Excellent reputation, historically high occupancy levels, viewing recommended
Highly Respected Residential Care Home (registered for 21 residents), convenient and popular setting, East Yorkshire – Fee Income £391,672 per annum (y/e 31.12.15), EBITDA £132,248, excellent reputation, well presented spacious property, historically high occupancy levels, viewing highly recommended. Freehold ref 44230
This is an excellent opportunity to acquire a well established and highly respected residential care home, registered for residents with psychiatric needs, which is situated in a popular seaside town in East Yorkshire.
The residential care home is ideally located within an established and well populated residential area on the South side of the town, just a short walk from the town centre with its wide selection of shops and amenities, with the sea front and public transport facilities all close at hand.
Having successfully operated in the town for over 30 years, this well known home has established an enviable reputation for providing excellent standards of care and support within a warm, secure environment. The home subsequently enjoys regular referrals and recommendations.
The home demonstrates an excellent trading record with historically high occupancy levels, operating from a substantial and highly imposing, double fronted property (formally two dwellings) which have been converted and upgraded to provide spacious and comfortable surroundings.
The home is a successful business producing healthy levels of fee income and impressive audited profits. With this in mind, the business represents an ideal acquisition for a hands on owner operator or would also prove to be an excellent addition for an experienced operative, who already has a presence within the care sector.
Only now being offered for sale due to retirement, viewing of this first class business opportunity is highly recommended to avoid disappointment.
Summary. This is a rare opportunity to acquire a highly renowned and lucrative care home, which is only now being offered for sale due to retirement. To avoid disappointment, viewing is strongly recommended.
The business is owned by a limited company and so it is anticipated that this sale will be by way of a share sale of 100% of the issued capital of the company.
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