Property Title: 44531 Project Liberty - Ref 44531

Property Type: Care Home / Nursing Home

For Sale / Sold: For Sale

Date Posted: 15 Apr 2021

Location: Wales

Guide Price: 1600000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 44531

Description

Project Liberty represents the opportunity to acquire a well-established and profitable freehold nursing home in South Wales. The home has enjoyed significant investment over the years and originally two semi-detached properties which have been converted into a single specialist care facility.
The business specializes in Care for adults with mental health and challenging behavior difficulties. It is currently registered for 22 residents offering 17 single rooms with 3 double/twin rooms with scope to further expand. All rooms have washbasins and 8
offer full en-suite facilities.
The nursing home has a robust organisation structure and boasts a dedicated and highly-qualified management team who are capable of running the facility autonomously.
Their hard work and the high standard of care offered is reflected in their glowing Care Inspectorate reports. The home is now only being offered for sale due to the pending retirement of the vendors.
They leave behind a thriving business with genuine opportunity to increase income and profitability.
An overview of the opportunity is as follows:
• Income of £1.1m in the year ending March 2020 generating an adjusted EBITDA of £302k
• Registered for 22 clients with the potential to expand
• Excellent CSSIW reports and highly regarded within the specialist healthcare sector
• Robust organisation structure in place with a full management structure and a well qualified and dedicated
team of caring professionals
• Minimal competition within the area and excellent reputation within the locality
• Operates from accessible, upper market area with good transport links
• Scope to increase both income and capacity
Fore more information please contact us.