Residential Care Home For Sale

Business description

This care home has been established since 2004 and is located in a residential area of a well known Wiltshire town. The property consists of two semi detached houses that have been converted into one large house with a substantial well maintained secure garden to the rear of the premises.

The home provides secure and stable environment for up to six residents who age from eighteen to sixty five years of age. All residents have learning difficulties or mental health issues and require twenty four hour support. These are long term residents whose fees are paid by the local health authority. The cost per adult varies between £36400 and £62400 per annum depending on the level of support required. All residents have day jobs.

Physically the house consists of a kitchen, two large recreation rooms and a communal lounge. All residents have their own room with en suite facilities. They are encouraged to furnish their own bedrooms and the premises are redecorated on an annual basis.

Equipment:

There is no requirement for any specialist medical equipment.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. When the home is full it generates net profitability of circa £100,000 to £120,000.

Property information

Property:

Freehold

Other information

Support & training:

Any handover would be minimal as all processes, and operational issues are already catered for by the existing team of staff

Reasons for selling:

The owners of the business feel that they have fulfilled their work in bringing this care home to “life” and now wish to move on and take up new challenges