• Advised combined fee income for both homes c. £700,000
• Well established business with fully qualified management teams in place
• Advised planning permission granted for extension
Two elderly care homes, registered for 24 & 22 residents. Advised Combined Fee income for both homes £714,875 per annum (y/e 31.12.13), significant profits, truly enviable reputations, planning permission granted for extension. Freehold Ref 40309
An opportunity to acquire two delightful Residential Care Homes for the elderly which both occupy convenient and accessible locations in Lancashire.
The first Care Home is an established and highly renowned Home which is registered for 24 residents and is conveniently located.
The second Home, is a well known Residential Care Home for the elderly which is registered for 22 residents located in Lancashire.
The two Homes have successfully operated in the respective localities for many years and during that time they have earned truly enviable reputations for providing excellent standards of care and support within warm, friendly environments.
The Homes subsequently enjoy regular referrals and recommendations. Both the Homes demonstrate excellent trading record with historically high occupancy at or near to capacity.
There is an experienced management team and compliment of qualified staff in place in place at both settings which is another factor of the homes success and reputation.
The portfolio of Homes is extremely lucrative producing high levels of fee income and associated profitability. The businesses are operated with a high level of staff involvement and therefore offer terrific potential for an ambitious and focused operative who can strengthen the financial profile of the business yet further.
We are advied that there is also a superb opportunity for an investor as the resources and procedures are already in place and the businesses could therefore be operated remotely generating a healthy financial return.
Plans have also been passed in 2012 at the first Care Home for an extension to create 16 en suite bedrooms which would increase the fee income and ultimately enhance overall profitability.
This is a rare opportunity to acquire two well established and highly renowned freehold Residential Care Homes which are extremely profitable and situated within popular and accessible locations. To avoid disappointment, viewi
Summary. This is an opportunity to acquire two established and highly renowned freehold care homes, with great reputations that generate significant profits.
To avoid disappointment, viewing is highly recommended.
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