Care Home Provider – South East
- £1,500,000
Overview
- Business, Care Businesses, Nursing & Care Homes
Description
Residential Care Home in South East with a ‘Good’ CQC rating. Registered for 20 with with 14 single rooms and 3 double bedrooms. Currently occupied at 18. 90% Local authority clients and 10% private clients.
Turnover for year-end 2023 of £644k. Adjusted EBITDA for year-end 2023 in excess of £185k.
Project Patty provides a large care home for service users requiring day-today assistance in the local community. 24/7-hour care, having operated for 40 years.
Staff are highly qualified and trained to care for service users with dementia, mental health issues and substance misuse. Our client employs over 18 long-standing staff including a registered manager and two senior care assistants, with the business able to operate without director oversight. Sponsorship licence in place with 5 unallocated spaces.
Redwoods Dowling Kerr are delighted to present Project Patty a care home provider based in the South East. The business is well-established and offers its services across the region. The vendors now wish to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a freehold basis.
Please contact us for further information using reference number 51032 or quote Project Patty.
Ref: 51032
Details
Updated on February 16, 2025 at 7:01 pm-
Price £1,500,000
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Property Type Business, Care Businesses, Nursing & Care Homes
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Property Status For Sale
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Tagline Nursing & Care Homes
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Annual Turnover £644,000
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