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.
 

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John Peacock (Feb 2017)
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Freehold Price: £1,250,000 Price Reduced Annual Turnover: £1,200,000
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Business Description
• Income of £1.232, 567 k for the year end 31st July 2017, generating an adjusted EBITDA of £147,718 (12%)
• 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 £1.2 million for the year end 31/07/17 generating an adjusted EBITDA of £147k
Tenure: Freehold

Listed by: RedwoodsDowlingKerr

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RDK43899
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