Nursing/Care Homes for sale in Highland

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Project Libra- Scottish Highlands

Highland, Scotland

  • Freehold Price: £1,199,000
  • Annual Turnover: £1,291,108
Seller Reference: RDK46625
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Business Description
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Seller Reference: RDK46625
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Business Description
• Well established residential care home for the elderly, providing specialist care to patients with dementia, respite and pallative care
• Turnover of £1.3m for the year ending June 2018 with an adjusted EBITDA of £196k
• Registered for 44 residents with accommodation of in the form of 41 individual rooms, of which 35 are en-suite, current occupancy split 95% local authority and 5% private
• 'Very Good' rating from the Care Inspectorate, robust organisational structure in place with a team of 55 highly-qualified and dedicated staff

Project Libra represents the opportunity to acquire a profitable residential care home for the elderly. The business provides specialist care to 44 residents with dementia and also offers respite and pallative care. Income of £1.2m for the year ended 31st June 2017 representing an adjusted EBITDA of £205,000. Ref 46625

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