Nursing/Care Homes for sale in Camborne

View the "Residential Care Home In Camborne For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Advertising my business on Daltons was a great success. I found a buyer relatively quickly. 

Ahmed Zahir (August 2016)
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Freehold Price: £1,250,000 Annual Turnover: £654,474 Annual Net Profit: £215,000
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Business Description
Veritas Business Sales are delighted to offer for sale this respected Residential Care Home with a 12 bedroom facility for adults with learning disabilities which is located in Camborne mid Cornwall. The business was established over 15 years ago by my client and has been in their careful hands ever since. Reluctantly the business is now being offered for sale so they can enjoy a well deserved retirement. Since ownership they have continually refurbished and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business had an annual turnover to year end 31st March 2016 of £654,474 with a GP of £264,859(40%) and EBDITA in the region of £215,000. Having been involved in the operation of the home from its inception, the owners have latterly taken more of a back seat and the home is now staff run with a registered manager and deputy. As such, the opportunity now exists for a new owner, either as a first time entrant to the sector or someone looking to add to their portfolio, to continue the good work that our clients have already established. Their most recent CQC inspection report resulted in an overall GOOD rating with good outcomes in all five inspection areas. The business has historic accounts that show the business is trading consistently well with similar levels of EBITDA . This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.
Tenure: Freehold

Location Details:
The Ridgewood Care Home occupies a quiet yet convenient location in the Cornish town of Camborne. It is situated on the outskirts of Camborne town centre and within easy reach of all local amenities. The town of Camborne offers a range of facilities to include a railway station on the main Penzance to Paddington line and it is also within easy reach of the main A30 trunk road through the county which connects the town with the remainder of Cornwall and into Devon where it links with the M5 at junction 31, Exeter. Cornwall. The North Cornish coastline with its stunning scenery, coastal walks and beaches are also within close proximity.

Listed by: Veritas Business Sales Ltd
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