Business for Sale in village locations 2 STRONG FEE INCOME, RESIDENTIAL CARE HOMES - CAERPHILLY COUNTY, SOUTH WALES

Key Information

Reference

M34682J

Status

Sold

Region

Gwent

Sector

Residential Care Homes

Annual Sales

£520,000.00 Exc. VAT

Accommodation

4 bed registered bungalow and 3 bed registered extended terraced property.

Business Information

An ongoing Care Home Package consisting of 2 freehold, fully staff run, residential care home properties to include a bungalow for 4 registered users (learning & physical disabilities) and an extended, terraced property for 3 registered users (learning disabilities).

The business has been established for over 30 years and is only now offered for sale due to our vendors wish to retire after many happy and successful decades of operating.

Very good fee income of over £520,000 p.a. is seen on the accounts supplied (year to March, 2020) delivering high corresponding gross and strong adjusted net profit. Previous years trading has also been very profitable and indeed recent trading (year to March, 2021) is likewise anticipated to be similarly strong and we are advised signs are also very positive for this forthcoming year (2021-22).

Full accounting information will of course be made available for interested parties.

This is a long established business, fully run by a loyal, caring and experienced team of staff (22 in total) and one which is felt ideal for an experienced/established care specialist or care home operator. A multi freehold and business package that is offered at a realistic asking price to also include 2 vehicles!

EPC Rating: C (Both properties)