Care Home – Somerset

£529,950

REF: 43004

Healthcare

Freehold

Residential and Dementia Care

Annual income for year end March 2019 £390,224, with an EBITDA of £146,814 (38%)

Care home run under management

Registered for 13 residents with 13 rooms

The care home is situated in a sought after area of Somerset, within a densely populated residential area. The care home was established many years ago and was acquired by our client in 2004. It has an extremely good reputation with the local authority with regards to social services placements.

The domiciliary care business was established by our client in 2009 and now provides approximately 1100 care hours per week, although there is huge scope to increase the care hours and client base.

The care home is registered for 13 residents in total and currently turns over approximately £270,000 per annum and in our opinion is an ideal opportunity to purchase a well-established and well respected business in a popular and affluent location.

Currently run under management by three senior staff, the business would represent an excellent investment for an energetic, new operator in to the care sector or it could also be an excellent addition for an experienced operative, who has an existing presence within the care sector.

The domiciliary care business currently only covers two main areas of Somerset due to our clients wish to retire, thus making expansion for any new owner fairly easy given the number of enquiries the business generates on a daily basis.

We are also advised by our client that this is the only domiciliary care business operating in Dorset.

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