Four Residential Care Homes – Project Virgo – Devon

Four freehold Residential Care Homes (Combined Registered for 164 residents).
Annual Turnover for Y.E 2023 £10,850,000 with an impressive EBITDA of £2,300,000.
Valuation conducted with verdict that the group off 4 is valued in excess of £14,000,000.
Truly enviable reputation, historically high occupancy, with Outstanding and Good CQC Ratings across all four homes.
Robust organisational structure in place. A highly profitable group of care homes with further potential to expand.
Redwoods Dowling Kerr proudly presents a group of high performing care homes in the West Country. Income of £10.8m and an EBITDA in excess of £2.3m for year end 2020. Robust organisational structure in place. The group enjoys occupancy rates in excess of 90% including a mixture of private and publicly funded clients. Valuation conducted in 2024 coming back in excess of £14m for group of 4 homes. Ref: 46308 Ref: 46308