Property Title: A Group of Care Homes for Adults with Learning Disabilities (Supported Living)- in the North East

Property Type: Care Home / Nursing Home

For Sale / Sold: For Sale

Date Posted: 14 Feb 2025

Location: Durham

Guide Price: £700,000 (Leasehold)

Property Agency: Redwoods Dowling Kerr

Reference: Project Mona - Business Ref: 50825

Description

Turnover of £1,011,834 for year-end 31/08/2024, adjusted EBITDA in excess of £191,940 for year-end 2024
The business provides fantastic care in both residential and day care settings.
The business has built an excellent reputation by providing care for over a decade, maintaining an average occupancy level of 92% over the past year.
The proximity of supported living houses allows for flexible staff allocation.
There is potential to expand the supported living service, given the community's expressed interest in more services in the area.