Established Residential Care Home Business – Sold

Sector
Turnover
Location
Healthcare £2.5m North England.

Business Opportunity:

An opportunity exists to purchase the business and assets of an established care home business located in the North of England.

The Company provides care to elderly residents from 4 leasehold properties.

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with the Administrators or Middleton Barton Valuation as their appointed agent.

 

Business Overview:

  • Established provider of care home services;
  • 4 locations across the North of England;
  • Leasehold properties complete with full inventory of fixtures and fittings;
  • Turnover in excess of £2.5m (full year to 31/7/2016); and
  • Committed and qualified workforce.

 

High Level Financial Information:

  • 12 Months YE 31 July 2017:
  • Turnover: £2,518,569
  • Net Profit/(Loss) After Tax: £155,731

 

Assets Available for Sale:

  • Unencumbered Fixtures & Fittings;
  • Established Goodwill & Trade;
  • Leasehold Premises (assignment subject to landlord consent)
  • Company Interest in Encumbered Assets

 

Locations:

Locations across the North of England, UK.

 

Deadline for Offers:

Indicative offers no later than 5:30pm on Tuesday 29 August 2017, all offers are to be supported by proof of funds.

 

Further Information:

Please contact Damian Short on 0161 359 4332 or by email [email protected].