• Advised turnover of over £285,589 Y/E March 2015, EBITDA £95,871
• Main road Location, great potential for growth
• Impressive property, well presented - planning consent for extension.
Registered for 13 residents providing care for the elderly and dementia. 9 Single and 2 twin rooms. Management-run. Advised turnover £285,589 Y/E March 2015, EBITDA £95,871. Main Road Location. Freehold ref 42666
This is an exciting opportunity to acquire a well established and highly renowned residential care home for the elderly, located in the West Midlands.
The business is currently registered for 13 residents. There is a potential to increase the registration of residents by converting the attic space as well as developing the side garden area, this would be subject to planning permission, and pre-planning enquiries by the current owners indicate this would be agreed.
The care home has been in present ownership for some time and during this 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.
There is an experienced management team and qualified staff in place. This is another factor of the home's success and reputation.
The care home operates from substantial and imposing detached premises, providing spacious and versatile accommodation.
This is an extremely successful business producing good levels of fee income and associated profitability. The business would ideally suit an owner operator, or could also be an excellent addition for an experienced operative who already has a presence within the care sector.
This is a rare opportunity to acquire a first class freehold residential home which is situated within such a desirable location.
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