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Profitable Devon Care Home with 22 Beds, Good CQC Rating & Expansion Potential for Sale

Undisclosed, Devon

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    25/05/23

  • Advert ID

    513784

  • Reference

    50255 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £1,200,000
  • Turnover: £895,011 (£17,212 Per week)
  • Net Profit: Not Applicable

Business Details

Residential Care Home Project Francis Devon

Freehold Residential Care Home (Registered for 28 residents). All single rooms.
Annual Turnover for Y.E 2023 £834,774 with an impressive EBITDA of £141,854.
Experienced long standing management team and qualified staff with a Registered Manager in Place. 70% private and 30% local authority.
Rated ‘Good’ across all areas by CQC. The top floor has an accommodation with a small office and kitchen and bathroom and additional 3 three rooms.
Extensive Victorian detached building within a 1 Acre site with the potential to extend and a high Bricks and Mortar value.
Project Francis represents the opportunity to acquire a profitable Residential Home. The home occupies a convenient and desirable location and is registered to accommodate 28 residents. It specialises in providing care for hearing impairment, Parkinson’s disease, speech impairment, strokes, and visual impairment. They have been rated as ‘Good’ across all areas in their latest inspection this year. It has also received a 5-star rating from the Food Standards Agency, which is the highest rating possible. Retirement sale, viewing highly recommended. Freehold Sale.
Ref: 50255
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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 'Residential Care Home Project Francis Devon - 50255 / 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.