RESIDENTIAL CARE HOME – LANCASHIRE

£375,000

REF: 43640

Healthcare

Freehold

Well established care home for the elderly, registered for 8 residents. 2 bed owner’s accommodation . Freehold value approx. £300,000

Fee Income £144,026 per annum (y/e 30.04.17), EBITDA of £39,235 (27%)

Popular and convenient location, 8 single bedrooms, 2 en-suite. Excellent reputation and “Good” CQC reports.

Additional opportunity to purchase adjacent property which consists of 3 self-contained, 1 bedroom flats.

This is an excellent opportunity to purchase a well known and highly regarded care home for the elderly which is located in a charming Lancashire town.

The home has been in present ownership for the past 25 years and during that time has earned an enviable reputation for providing high levels of care, support and dignity within a warm, secure environment. The business demonstrates an excellent trading record with historically high occupancy levels at or approaching capacity with regular referrals and recommendations. There is an experienced team of qualified staff in place which is another factor of the homes success and reputation.

The business operates from a substantial three storey premises which has been updated offering deceptively spacious and neatly presented accommodation.

This is a successful business which generates healthy levels of fee income and impressive audited profits, and would therefore ideally suit an energetic hands on owner operator who can enjoy the rewards and lifestyle a business of this stature provides.

This first class opportunity is only now being offered for sale due to retirement. A viewing is highly recommended to avoid disappointment.

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