Under Offer: Two Residential Care Homes – Project Magnolia – North West

  • Price: £3,500,000
  • Annual Turnover: £2,046,000
Cheshire, England, England
Seller Ref:50126
For Sale

Under Offer: Two Residential Care Homes – Project Magnolia – North West

Cheshire, England, England
Seller Ref:50126
  • Price: £3,500,000
  • Annual Turnover: £2,046,000

Overview

Seller Ref: 50126

Description

Two freehold Residential Care Homes (Combined Registered for 39 residents).
Annual Turnover for Y.E 30/09/2023 £2,046,000 with an impressive EBITDA of £670,000
Potential to extend by an extra 14/17 beds.
Truly enviable reputation, historically high occupancy, with a Good CQC Rating for both homes.
Two freehold Residential Care Homes for the Elderly (Registered for 39 residents), occupying accessible and desirable settings in the North West of England – Annual Turnover for Y.E 30/09/2023 £2,046,000 with an impressive EBITDA of £670,000, operated with experienced management team, truly enviable reputation, historically high occupancy levels, both homes rated as “Good” by CQC, substantial properties with the potential to significantly extend further, owner retiring, rare opportunity, viewing recommended. Ref: 50126

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

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