A nursing home for the elderly – located in the Midlands

Overview

  • Business, Care Businesses, Nursing & Care Homes,Care Agencies, Nursing & Care Homes, Other Care Businesses, Residential Care Homes
  • Property Type

Description

ocated in the Midlands

The company provides high-quality residential and nursing care for the elderly, combining best-practice healthcare procedures with tailored care plans.

Throughout its time in operation, the company has developed an excellent reputation for providing specialist dementia, end-of-life and palliative care, with a reputation for being a pioneer in Covid-related care.

Catering to residents from Derbyshire and neighbouring counties, the company’s premises can accommodate up to 50 residents at any one time, with occupancy levels typically reaching 90%. Approximately 90% of clients are state-funded, with the remainder paying privately.

Offered for sale as the shareholders wish to explore new projects.

Offers invited.

Key Highlights

– Overall rating of ‘Good’ from the Care Quality Commission.

– Experienced management team in place to oversee day-to-day operations post-sale.

– Operates from ideally located freehold premises, which will be included in the sale.

– Currently investigating eligibility for dementia / quality premiums, which would create an increase in revenue per state-funded resident.

– Demand for its spaces is unlikely to fall as the UK’s population continues to age, ensuring a steady stream of revenue for the foreseeable future.

– Possesses a sponsorship licence enabling it to recruit from overseas, alleviating staffing shortages within the sector.

Financial Highlights

– Turnover of £2m, with an EBITDA of £567k for YE24.

– YE25 annualised turnover of £1.9m with an EBITDA of £658k.

-Turnover has increased by 154% since 2021.

– The freehold property is included in the sale.

Details

Updated on January 15, 2025 at 10:49 pm
  • Property Type: Business, Care Businesses, Nursing & Care Homes,Care Agencies, Nursing & Care Homes, Other Care Businesses, Residential Care Homes
  • Tagline: Care Agencies, Nursing & Care Homes, Other Care Businesses, Residential Care Homes

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