Group of Three Care Homes – Project Monica – Yorkshire
  • £4,500,000

Overview

  • Business, Care Businesses, Nursing & Care Homes,Addiction Treatment & Rehabilitation Clinics, Investment & Financial Service Businesses, Nursing & Care Homes
  • Property Type

Description

A group of three well established and profitable care homes made up of 2x Residential and 1x Alcohol & Drug Abuse care homes.
Annual Turnover for year end 2023 is £2.2m with an impressive EBITDA of c. £336,000
Experienced long standing management team and qualified staff with a ‘Good’ CQC Rating.
Convenient and accessible settings with planning permission and work in place to over double the size of one of the care homes.
Extension in place and scope to develop the extension into a further 14 rooms for another of the care homes.
Owners have minimal involvement in the running of the Care Homes.
Strong occupancy rates.
Option to Purchase the Alcohol & Drug Abuse Care home independently from the Residential Care Homes.

Project Monica represents the opportunity to acquire a group of three well established and profitable residential and Alcohol & Drug Abuse care homes located in West Yorkshire. Specialist provision includes care for those with alcohol dependency, dementia care and support for older people. Annual Turnover for year end 2023 is £2.2m with an impressive EBITDA of c. £336,000. Viewing recommended. Vendor will consider selling the carehomes individually. Available to acquire on a freehold basis – Ref 45596 Ref: 45596

Details

Updated on January 5, 2025 at 1:11 am
  • Price: £4,500,000
  • Property Type: Business, Care Businesses, Nursing & Care Homes,Addiction Treatment & Rehabilitation Clinics, Investment & Financial Service Businesses, Nursing & Care Homes
  • Tagline: Addiction Treatment & Rehabilitation Clinics, Investment & Financial Service Businesses, Nursing & Care Homes
  • Annual Turnover: £2,271,000

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Hasnain
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