Property Title: 51351 - Freehold Residential and Nursing Care Home - East of Scotland

Property Type: Care Home / Nursing Home

For Sale / Sold: For Sale

Date Posted: 27 Mar 2025

Location: Scotland

Guide Price: Bids Invited (Freehold)

Property Agency: Redwoods Dowling Kerr

Reference: 51351

Description

This business is registered to care for 40 service users with 28 single rooms with en-suites & 6 double rooms with en-suites from a freehold country mansion residing in a scenic rural area. Home sits within 13 acres of land.
Turnover for year-end 2024 was £2.2m with an adjusted EBITDA in excess of £279k (based on 12-month management accounts)
Project Howerton provides residential and nursing care for both private and local authority-funded service users, specialising in neurological disorders.
There is a second-tier management team in place who run the day-to-day operation of the business, including a care manager, deputy manager and office administrator.
The business has developed a strong reputation in the communities it operates in with a working relationship to local healthcare professionals and local authorities.
Our clients have expressed immense potential for expansion with the construction of 21 supported living units and offering of complex care services.
Redwoods Dowling Kerr are delighted to present Project Howerton a residential and nursing care home based in the East of Scotland. The business is well-established and offers its services across the region. The vendor now wishes to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a freehold basis.
Please contact us for further information using reference number 51351 or quote Project Howerton.