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Project Minnesota – Group of 3 Care Homes – North East of England

£6,000,000

REF: 52082

Healthcare

Freehold

North East of England
Contact us to arrange a viewing
.
Turnover for year-end March 2025 was £4.04m with an adjusted EBITDA in excess of £794k.
.
Maximum capacity of 97 residents across 97 rooms providing care for
elderly residents with dementia amongst other conditions.
.
Split between 39 at home 1, 33 at home 2, and 25 at home 3, all homes
have rated as Good by the CQC with a strong reputation in the local area.
.
Second tier management team in place who can operate the business
independently.
.
Historic planning permission in place for a further 5 beds at the largest home with plans for a 10-bed extension at home 2, subject to planning permission.
All 3 homes are available on freehold basis with a combined brick-and-mortar
value of c.£3.70m.

Redwoods Dowling Kerr are delighted to present Project Minnesota a group of 3 care homes based in the North East of England. The business is well-established and offers its services across the region. The vendors now wish 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 52082 or quote Project Minnesota.

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