Freehold 9 Bedroom Residential Care Home & Community Care Agency located in Cornwall. Established business with CQC rating good.
Veritas Business sales are delighted to offer for sale this well established Residential Care Home & Community Care Agency which is located in St Agnes. These premises have been used as a residential care home for the past 50 years and have been in the careful hands of the current owners for the past 28 years. The business is only being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have continually refurbished, redecorated and invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated with the help of a great team of 5 full time & 22 part time members of staff and has an annual turnover of £531,024 with a GP of £502,353. Rowans Care Home can accommodate up to 9 residents and the community care covers many of the local areas and provide help at home for both day to day care and end of life complex care. Their most recent CQC inspection report resulted in an overall GOOD rating with good outcomes in all five inspection areas. The business has historic accounts that show the business is trading consistently well with similar levels of EBITDA. This is a superb opportunity for an existing operator to expand through acquisition and as such early viewing is highly recommended as this is not to be missed.