• Fee income £319,774 per annum (y/e 30.04.14)
• 15 bedrooms (10 en–suite), pleasant & accessible residential area
• Excellent reputation, owners retiring, highly recommended
Charming detached residential care home (Reg for 20 residents), pleasant, accessible residential area. Fee income £319,774 pa (y/e 30.04.14), truly enviable reputation, historically high occupancy levels, 15 bedrooms (10 en-suite facilities), retirement sale, rare opportunity, viewing highly recommended. Freehold ref 44496.
This is an excellent opportunity to purchase a well known and highly regarded residential care home, which is situated in a popular area within the West Midlands.
The business occupies a pleasant setting in a quiet and established residential area, within walking distance of a selection of local amenities and public transport facilities. All the major commuter routes are also close at hand.
The home has successfully operated in the locality for many years and during present ownership the home has earned an enviable reputation for providing high levels of care, support and dignity within a warm, secure environment. The business was established by our client over 30 years ago and has grown and been expanded over that time.
The business subsequently demonstrates an excellent trading record with historically high occupancy levels at or approaching capacity, with regular referrals and recommendations.
There is an experienced team of qualified care staff in place, which is another factor of the homes success and reputation.
The business operates from a deceptively substantial detached property, which has been carefully extended and updated offering spacious and well presented accommodation.
This is a successful and lucrative business, yet still offers potential for future growth. There is the opportunity for an extension to the rear of the property, creating additional en-suite bedrooms with the correct plans and permission in place. This will significantly increase the fee income, whilst ultimately enhancing overall profitability.
The business is now only been offered to the market due to retirement, making this a rare and unique proposition.
To fully appreciate this first class business opportunity, a viewing is highly recommended to avoid disappointment.
Summary. This is an excellent opportunity to acquire a highly renowned residential care home, which is situated in a popular and accessible setting. To avoid disappointment, a viewing is highly recommended.
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