Nursing/Care Homes for sale in Northumberland

View the "Group of Two Residential Care Homes - North East of England" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Group of Two Residential Care Homes - North East of England

Northumberland, England

  • Freehold Price: £1,250,000  Price Reduced arrow_drop_down
  • Annual Turnover: £1,200,000
Seller Reference: RDK43899
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Business Description
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Seller Reference: RDK43899
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Business Description
• Income of £1.296,822 k for the year end 31st July 2018, generating an adjusted EBITDA of £181,702 (14%)
• Registered for a combined total of 50 residents across the 2 homes
• Large, freehold properties which provide an excellent standard of facilities
• Scope exists to significantly increase both capacity and income through expansion opportunities available at both sites

The opportunity offered is the acquisition of a group of two residential care homes located in the North East of England. Both homes are occupied with a mix of local council funded residents and privately funded residents.Income of £1.296,822 k for the year end 31st July 2018, generating an adjusted EBITDA of £181,702

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