Property Title: 50448 Specialist Children's Care Home- South West of England.

Property Type: Care Home / Nursing Home

For Sale / Sold: Sold

Date Posted: 20 Nov 2023

Location: Devon

Guide Price: 1,500,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 50448

Description

Project Butterfly represents the opportunity to acquire a specialist children’s home.
The home offers care and accommodation for up to three children at a time.
Children accommodated will have specific care and support needs and be aged between 5-17.
Recently refurbished building that can be adapted and developed to meet the needs of the children who live there.
Excellent reputation in the local community and has quickly become one of the region's preferred providers.
Good Ofsted rating (December 2022)
Forecasted turnover of £1.25m and an EBITDA of £475k with 3 child budget.
Freehold included in the transaction, estimated B&M of £325k.