Group of Four Lucrative Residential Care Homes For The Elderly – North West of England

  • Price: £4,000,000
  • Freehold Price: £4,000,000
  • Annual Turnover: £3,100,000
Lancashire, England, England
Seller Ref:50473
For Sale

Group of Four Lucrative Residential Care Homes For The Elderly – North West of England

Lancashire, England, England
Seller Ref:50473
  • Price: £4,000,000
  • Freehold Price: £4,000,000
  • Annual Turnover: £3,100,000

Overview

Seller Ref: 50473

Description

Turnover of £3.1m for year end 2022 Adjusted EBITDA in excess of £770k
The business offers comprehensive care to over 100 service users across 4 freehold homes.
Having operated for over 15 years, the company is well-established in the region.
Our client employs over 100 employees with a second tier management team consisting of a registered manager at each home supported by senior carers. Good CQC Rating across all 4 carehomes.
Expansion plans in place to increase capacity at 2 of the homes with the potential to increase the EBITDA by £500k.
Redwoods Dowling Kerr are delighted to present Project Regal a group of care homes with four locations in the North West. The business is well-established and offers care services across the region. The vendors now wish to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a freehold basis.
Care-home 1: Registered for 41 service users
Care-home 2: Registered for 33 service users
Care-home 3: Registered for 15 service users with the potential to extend by 9 extra beds.
Care-home 4: Registered for 22 service users.

Please contact us for further information using reference number 50473 or quote Project Regal.
Ref: 50473

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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