Guide Price: Offers Invited
Location: South West England
Carterwood has been instructed to market a group of elderly care homes, comprising over 120 bedspaces across multiple properties, with potential to significantly improve trading performance.
- All homes are situated within 10 miles of each other near two market towns in South West England;
- The group comprises a mix of purpose-built and converted properties. Two of the homes are modern purpose-built assets with full en-suite wetrooms;
- Average fees are strong with two of the homes achieving in excess of £900 and £1,000 per week respectively:
- Adjusted four months annualised EBITDA c. £618,000 for the period ending 31 May 2016.