Care Home Providing Residential and Respite Care for the Elderly based in Southern England

Overview

The business operates a superbly presented care home that is registered for up to 17 residents, offering residential and respite care for the elderly.

All care provisions are tailored to the individual needs of the resident and designed to support an independent lifestyle.

Residents can enjoy home-cooked meals and the home is equipped with modern care technology, including a 24-hour nurse call system and a lift to suit clients with mobility issues.

Our clients are now offering the business for sale to facilitate retirement plans.

Offers invited.

Key Highlights

– Offers services such as personal hygiene, daily care, medication administration, recreation and companionship, meal preparation, bathing and dressing assistance.

– Operates to the NICE and CQC quality standards.

– Currently at full capacity, with 70% of service users staying on a long-term basis.

– Experienced personnel in place, supported by a strong and efficient second-tier management team.

– Scope to expand its reach geographically by opening additional homes in the surrounding areas.

Financial Highlights

– Generated a turnover of circa £744k in YE23.

– Adjusted EBITDA of £279k achieved within the same year..

– Gross profit margin of 88%.

– Forecasted turnover of £800k in YE24.

– Freehold premises with a value in excess of £1.9m. The shareholders are flexible as to how the property will be included into the sale.