RESIDENTIAL CARE HOME – LANCASHIRE

£540,000

REF: 43178

Healthcare

Freehold

Detached residential home for the elderly, registered for 17 residents.

Fee income £424,573 (y/e 31.07.17) with EBITDA for the same period £108,639 (26%)

Peaceful yet convenient location, 13 single & 2 twin rooms. Historically high occupancy levels and “Good” CQC reports across the board.

Well presented throughout, owners retiring, viewing highly recommended

This is a rare and exciting opportunity to acquire a well known and highly renowned residential care home for the elderly. The business is located in Lancashire.

The residential care home occupies a private and peaceful location in a quiet residential area, yet is within reach of a selection of local amenities, with public transport facilities and the town’s major commuter routes close at hand.

The business has been successfully operated by the present owners since 1988 and during this time the home has earned a truly enviable reputation. The home provides excellent standards of care, support and development within a warm, friendly environment and subsequently enjoys regular referrals and recommendations. The business demonstrates an excellent trading record with historically high occupancy levels near to or at capacity.

There is a compliment of experienced and qualified nursing staff in place which is another factor of the homes success and reputation.

The residential care home operates from a substantial and imposing detached stone property, which has been updated and extended providing spacious and versatile accommodation.

This is a successful business producing good levels of fee income and associated profitability. This business would ideally suit an energetic hands on owner operator or would also prove to be an excellent addition for an experienced operative who already has a presence within the care sector.

This is a rare opportunity to acquire a first class freehold residential home which is only now being offered for sale due to retirement and viewing is therefore highly recommended to avoid disappointment.

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