We are offering for sale a highly regarded, very successful, Freehold, 21 Bed Residential Care Home in Merseyside.
Based in a famous seaside town containing a high concentration of elderly residents. The Home is in a location of choice for those wishing to remain in a picturesque setting. This truly is a superb opportunity to purchase an established business in a desirable location, but excitingly, still with a huge scope to grow.
The Home has been established for nearly 30 years and enjoys a wonderful reputation as both a quality provider of care and a real employer of choice within the local area. Well led and successfully run, the Home is rated as ‘Good’ across all domains by the Care Quality Commission (CQC), demonstrating their commitment to delivering high quality, Person Centred care.
A very successful and profitable business, Turnover for 2023 standing at over £600k with Operating Profits in excess of £100k.
They have a settled, long-standing client and employee base, enjoying a minimum 90% occupancy level throughout their tenure and enjoying market leading staff retention levels. There is a core team of 13 highly skilled employees, with several further trusted ‘Bank Staff’ available for cover.
The client funding profile is circa 33% Private / Self-Funding Clients and the remainder via strong, long-standing relationships with three separate Local Authorities.
The large premises are owned on a Freehold basis and there is exciting scope to further extend the property, with initial plans having been viewed favourably by a local Architect Any such expansion could potentially offer a further six bedrooms (and a circa 30% increase in trade!) subject to planning conditions.
