Property Title: 50514 Group of Two Delightful Residential Care Homes & Lucrative Home Care Agency - Northeast of England

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 31 Oct 2023

Location: North East England

Guide Price: Offers Invited (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 50514

Description

Group of Two Delightful Residential Care Homes (Registration in excess of 60) & Lucrative Home Care Agency
Desirable and accessible locations, truly enviable reputation, historically high occupancy levels
Turnover in excess of £4.8m per annum (y/e 30.04.2023) generating an impressive EBITDA in the region of £1.2m, experienced & robust management team
All aspects of the business rated as "good" by CQC, superbly presented premises
2300 hours of care per week, 330 service users, genuine growth potential.