Managed Care Home

Listing ID:
DORSEMO001-N110

Confidential, Dorset, England

Residential Mental Retardation, Mental Health and Substance Abuse Facilities

The following broker is assigned to this listing:

Dave Black

d.black@sunbeltnetwork.com
Cell: 07725 952492

Description

Impressive & well managed care home/day centre located in sought after location of East Dorset providing permanent resident’s for 8 adults who are mentally challenged and have learning disabilities. The beautiful property set in its own grounds, secluded by mature trees and hedging, has been very well maintained and needs to be viewed to fully appreciate the ambience. The option for either a freehold or leasehold purchase is available.
Established for over 10 years the business is showing a consistent increase in turnover and profitability. A fully experienced management team will remain in place ensuring the smooth running of the business. Due to the nature of the business all residence are long term and the home is running at 100% capacity.
Further opportunities exist to expand the business.

The freehold property is included in the purchase price.

Financials

Asking Price:£1,298,000
Revenue:£361,749
Cash Flow:£139,596
Downpayment:£0
Monthly Payroll:£0
FF&E Asking Price:£30,000 (Included in Asking Price)
Inventory Asking Price: N/A

Property

Asking Price£799,000 (Included in Asking Price)
Building Size: sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1999
Year Acquired:1999
Full-Time Employees:12
Part-Time Employees:7
Reason For Sale:Retirement