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Project Lori provides care within its care homes for service users with dementia, mental health conditions, and physical disabilities.
A total of 78 single bedrooms across all three properties all including en-suites.
Turnover of £2,907,366 for year-end 2024 with an Adjusted EBITDA of £349,404.
Currently occupied at 76 service users.
90% local authority clients 10% private.
One 43 bed nursing home, One 17 and 18 bed residential care home.
BnM worth in the region of £1,400,000.
This business operates with 78 service users across 3 freehold properties.
Potential to build a 20 bed extension for homes of the homes.
There is a second-tier management team in place who run the day to day operation of the business.
Has registered manager in place.
The business is accredited a ‘Good’ rating by the Care Quality Commission.
Has a sponsorship licence in place.
Established freehold care home group in North East England comprising three purpose-built properties with 78 en-suite bedrooms. Provides nursing and residential care for residents with dementia, mental health conditions and physical disabilities, supported by an experienced management team.
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