Under Offer: A Group of 3 Care Homes in the North East of England

Turnover of £2.8m for year-end 2023.
Adjusted EBITDA in excess of £600k for year-end 2023.
Project Lori provides care within its care homes for service users with dementia, mental health conditions, and physical disabilities.
This business operates with 78 service users across 3 freehold properties. – planning for a 20 bed extentsion.
There is a second-tier management team in place who run the day to day operation of the business.
The business is accredited a ‘Good’ rating by the Care Quality Commission.
Redwoods Dowling Kerr are delighted to present Project Lori a group of 3 care homes based in the North East of England. 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 50977 or quote Project Lori.
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