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Project Heathland - Group Of Outstanding Residential Care Homes - Devon

Devon, England

    Seller Reference: RDK47180
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    Business Description
     
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    Seller Reference: RDK47180
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    Business Description
    • Registered for up to 75 residents across the three homes. One of the homes is registered for 23 residents at present with a further four rooms currently under construction
    • Forecast figures for year end January 2020 in the region of £2,845m with an EBITDA of £932k which incorporates the income from the four additional rooms. Income in excess of £2.7m with an EBITDA of £819k for the year ending 31 January 2019
    • One of the homes is currently being extended and once complete, the capacity will increase from 23 to 27 by the end of 2019. The new rooms will include en-suites and allow access into the communal garden area via patio doors
    • All three homes are rated as “Outstanding” by CQC. Robust organisational structure and high occupancy levels across the three homes; 95% privately funded. Viewing Recommended.

    Redwoods Dowling Kerr proudly presents Project Heathland, a group of three highly regarded and award winning residential care homes. Each home specialises in the provision of elderly care 24 hours a day for residents, with one of the homes also offering dementia care. The business is now being offered for sale due to the vendors wish to retire. They leave behind a well established and respected group of 3 care homes with fantastic potential for growth and development of profits. Viewing Recommended. Ref: 47180

    Tenure:
    Freehold
    Is accommodation included?:
    Yes
    Listed by:
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