An overview of the opportunity is as follows:
- Income generated in the last financial year was £301k
- Latest accounts show a turnover of an EBITDA of £149k for the year ending April 2018 which represents a 49% return on income
- Registered for 11 residents
- One of two care homes in the Wadebridge area that offers an independent supported living service for the elderly
- Care Quality Commission overall rating of ‘Good’
- A strong and stable organisation structure, with high levels of retention of loyal staff
- The management team can run the business without additional oversight
- Excellent relationship with local council and health authorities
- Fantastic opportunity to acquire a well-established care home with potential to increase income and profitability through the extension of the care home
01772 775 776
corporate@businessbuyers.co.uk