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Two Renowned Care Homes in Torquay, Devon for Sale - High-Quality Service, £4.95M Turnover, £1.97M EBITDA

Undisclosed, Devon

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    26/04/23

  • Advert ID

    512299

  • Reference

    49931 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £15,000,000
  • Turnover: £4,953,000 (£95,250 Per week)
  • Net Profit: Not Applicable

Business Details

Two Specialist Care Homes Project Agatha Devon

Two freehold Residential Care Homes (Combined Registered for 57 residents).
Annual Turnover for Y.E 2022 £4,953,000 with an impressive EBITDA of £1,970,000.
Both homes have been designed and adapted, to suit the needs of service users who have complex Physical Disabilities or Mental Health conditions.
Weekly Fees range from £944 to £6,990.
Project Agatha consists of two homes:
One which originally opened 40 years ago and is registered for 43, and due to its success in providing high-quality care to its service users, the decision was made to open the second home which can care for 14 service users.
Both homes have been designed and adapted, to suit the needs of service users who have complex physical disabilities, whilst promoting rehabilitation and independence where possible.
Annual Turnover for Y.E 2022 £4,953,000 with an impressive EBITDA of £1,970,000. Ref: 49931
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Two Specialist Care Homes Project Agatha Devon - 49931 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.