Property Title: 50745 ** Project McCann** Residential Care Home in the East Midlands

Property Type: Care Home / Nursing Home

For Sale / Sold: For Sale

Date Posted: 03 Apr 2024

Location: Lincolnshire

Guide Price: £1,300,000 (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 50745

Description

- Turnover for year-end 2024 of £1,003,635 and with an adjusted EBITDA in excess of £147,329.
- Large detached residential care home registered for 27 in total. 13 single en suite, 8 single rooms, 1 double room en suite, 2 double rooms. Currently occupied for 24.
- 75% private clients and 25% with the local authority.
- Consistently strong occupancy levels. Home generates excellent levels of income.
- Opportunity to expand into Domiciliary Care. Business already holds a superb reputation in the community.