Nursing/Care Homes for sale in Wolverhampton

View the "Long Running Care Home in West Midlands" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Y. MacGregor (Nov 2017)
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Freehold Price: £699,950 Price Reduced Annual Turnover: £260,000 Annual Net Profit: £64,000
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Business Description


Intelligent Business Transfer are delighted to bring to the market this fully-functioning and popular care home, favoured by residents for its reliable and welcoming service.
Established in 1980, the current owner took over operations in 2005 and worked hard to continue growing the business, successfully generating high annual turnover in excess of £260,000, with healthy profit margins.
The business has only been offered to the market due to the retirement of the current owner. It is an ideal platform for many buyers and will particularly suit a qualified carer looking to manage their own business model. It will also appeal to an existing business looking to expand operations into this geographical location.

There exist a number of opportunities for growth.

All property fixtures and fittings are in place for the successful running of a care home. Currently, only 11 rooms are utilised. Through offering the remaining two rooms to residents, it could generate further income and the new buyer could also look to expand the property further, to accommodate more residents.
Increasing fees would significantly help grow the annual revenue and the business could look to establish an online website and social media presence to effectively boost exposure and attract more people to the care home.

The rewards are both financial and personal, as the home's quality care is rewarded with a very high turnover, year on year growth and good profits.

Intelligent Business Transfer have been approached to find a suitable buyer for this business.
Number of Employees: 6

Tenure: Freehold

Listed by: Intelligent Business Transfer

Find out more about this business opportunity.

 
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