Nursing/Care Homes for sale in Northumberland

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Project Raven - Northumberland

Northumberland, England

  • Freehold Price: £495,000
  • Annual Turnover: £349,046
Seller Reference: RDK45982
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Business Description
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Seller Reference: RDK45982
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Business Description
• Fantastic opportunity to acquire a well-established and well renowned residential care home for the elderly, registered for 13
• Income of £349,046 for the year ending 31st October 2017 with an EBITDA for the same period of £39,571 (11%)
• Strong and stable organisation structure in place with an established management team, supported by qualified staff members. The management team can independently and successfully run the home without an input from the owner.
• Consistently high occupancy levels and a healthy waiting list for prospective new residents. Historically “Good” CQC reports and very good relationships with the local authorities and within the local community, retirement sale

Well-established residential care home for the elderly, registered for 13, in Northumberland. Income of £349,046 for y/e 31/10/17 with an EBITDA for the same period of £39,571 (11%). The management run without input from the owner. Historically high occupancy levels and “Good” CQC reports. Retirement sale ref; 45982

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