An overview of the opportunity is as follows:
- Income of £1m with an adjusted EBITDA of £348k for the year ended October 2017
- Projections for 2017 estimate an increase in income to £1.1m
- Good CQC ratings in most areas
- Robust organisation structure in place with experienced and well qualified staff
- Totally renovated
- Averages 100% occupancy levels
- Professional referrals
- Majority of clients are from the private sector
- Opportunity to expand and increase income and profitability
- Average trading profit for the last 5 years- in excess of 23%
- Currently registered for 23 with potential to increase by another 10-12 rooms