Under Offer: Residential Care Home – Project Fort – Cornwall

  • Price: £1,200,000
  • Freehold Price: £1,200,000
  • Annual Turnover: £693,357
Seller Ref:49015
For Sale

Under Offer: Residential Care Home – Project Fort – Cornwall

Seller Ref:49015
  • Price: £1,200,000
  • Freehold Price: £1,200,000
  • Annual Turnover: £693,357

Overview

Seller Ref: 49015

Description

Freehold Residential Care Home for the elderly (Registered for 22 residents).
Annual Turnover for Y.E 31/03/2023 £693,357 with an impressive EBITDA of £178,858.
Rated ‘Good’ by CQC.
Planning permission previously granted for 6 extra registered beds.
Advised Bricks & Mortar value in excess of £1.1m.
Redwoods Dowling Kerr are delighted to present Project Fort to the market. Project Fort represents the opportunity to acquire a reputable residential care home for the elderly in the South West of England. The home offers a variety of care such as dementia care and palliative care. The care home has the potential to expand the type of care offered to residents, such as end-of-life care and short-term care. The business could also offer a domiciliary care service. The care home currently relies on word-of-mouth referrals and, with an increased capacity, could begin to market the care home locally and offer a waiting list. Annual Turnover for Y.E 31/03/2023 £693,357 with an impressive EBITDA of £178,858. Planning permission previously granted for 6 extra registered beds. Ref 49015 Ref: 49015

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

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