• Registered for 16 residents
• Advised Fee income Y/E 2016 £316,692
• EBITDA £33,265
Detached Residential Care Home for the elderly, Registered for 16 residents. Advised Fee income Y/E 2016 £316,692, EBITDA £33,265, historically high occupancy levels, well presented throughout. Freehold Ref:42633
This is an exciting opportunity to acquire a well established 16 bedroomed highly renowned Residential Care Home for the elderly which is located in a sought after location in Staffordshire and is surrounding by residential properties and rural, agricultural land.
The Care Home has been in present ownership for the past 6 years but has been established over 30 years and during that time has earned a truly enviable reputation for providing excellent standards of care, support and development within a warm, secure environment. The Home subsequently enjoys regular referrals and recommendations. The Care Home demonstrates an excellent trading record with historically high occupancy levels near to, or at capacity.
The business also has great potential on a site of approximately 0.35 acres. The proposed redevelopment of the existing building for a learning disability care home, would perfectly suit being operated along side the adjacent building.
There is an experienced management team and complement of qualified staff in place which is another factor of the homes success and reputation.
The Care Home operates from substantial and imposing three storey detached stone premises providing spacious and versatile accommodation which has been sympathetically updated.
This is an extremely successful business producing good levels of fee income and associated profitability. The business would therefore ideally suit an energetic hands on owner operator or could also be an excellent addition for an experienced operative who already has a presence within the care sector.
A full planning application was submitted to Stafford Moorlands District Council in February 2011 for a change of use application and extension for a four bedroom semi-detached dwelling house (C3) to a residential institution (C2) with associated parking.
On 12th May 2011 the site was granted full planning permission for the care home development. The proposed development plans con
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