Overview
Description
ocated in the Midlands
The company provides high-quality residential and nursing care for the elderly, combining best-practice healthcare procedures with tailored care plans.
Throughout its time in operation, the company has developed an excellent reputation for providing specialist dementia, end-of-life and palliative care, with a reputation for being a pioneer in Covid-related care.
Catering to residents from Derbyshire and neighbouring counties, the company’s premises can accommodate up to 50 residents at any one time, with occupancy levels typically reaching 90%. Approximately 90% of clients are state-funded, with the remainder paying privately.
Offered for sale as the shareholders wish to explore new projects.
Offers invited.
Key Highlights
– Overall rating of ‘Good’ from the Care Quality Commission.
– Experienced management team in place to oversee day-to-day operations post-sale.
– Operates from ideally located freehold premises, which will be included in the sale.
– Currently investigating eligibility for dementia / quality premiums, which would create an increase in revenue per state-funded resident.
– Demand for its spaces is unlikely to fall as the UK’s population continues to age, ensuring a steady stream of revenue for the foreseeable future.
– Possesses a sponsorship licence enabling it to recruit from overseas, alleviating staffing shortages within the sector.
Financial Highlights
– Turnover of £1.8m, with an EBITDA of £558k.
– Outturn turnover of £1.9m, with an EBITDA of £578k.
– Turnover has increased by 141% since 2021.
– The freehold property is included in the sale.
Is this business relocatable:
Is stock included:
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