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Profitable Residential Care Home in East Midlands, High Occupancy with Expansion Potential

Undisclosed, Lincolnshire

CONFIDENTIAL SALE

  • Freehold: £1,600,000
  • Turnover: £940,400 (£18,085 Per week)
  • Net Profit: Not Applicable

Business Details

Residential Care Home in the East Midlands

Projected turnover for year-end 2025 of £1,221,000 and with an adjusted EBITDA in excess of £185,500.
Large detached residential care home registered for 27 in total. 13 single en suite, 8 single rooms, 1 double room en suite, 2 double rooms. Currently occupied for 24.
75% private clients and 25% with the the local authority. Consistently strong occupancy levels. Home generates excellent levels of income.
Opportunity to expand into Domiciliary Care. Business already holds superb reputation in the community.
Charming Detached Residential Care Home for the Elderly (Reg 27 residents) desirable and accessible location, East Midlands– Projected turnover for year-end 2025 of £1,221,000 and with an adjusted EBITDA in excess of £185,500. viewing highly recommended. Ref: 50745
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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