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Care home

Reference
S7318
Turnover
£1m to £2m
Sector(s)
Health & care
Region(s)
Scotland
Added
11 November 2020

Business description

The company is a highly graded care home, providing fully supported living for up to 40 residents, offering 24-hour support for individuals with varying needs, promoting their independence and enabling them to live life to the fullest. 

All staff have been fully trained to the highest standards, with ongoing training opportunities being provided to ensure they offer the optimum level of care. 

Specialist care is provided to individuals diagnosed with a wide range of conditions and/or disabilities, including epilepsy, cerebral palsy, dementia, motor neurone disease, down syndrome, learning disabilities and brain injuries. 

Our clients are offering the business for sale to facilitate their retirement plans.

Offers invited.

Highlights

  • The property has 35 rooms, with a further 10 available for conversion.
  • Rated ‘Excellent’ and ‘Very Good’ at grades 5 and 6 by the Care Inspectorate Scotland. 
  • Strong personal relationships are maintained between the company’s staff, the individual and their family members. 
  • Care contracts are sourced through the NHS, social care organisations and private agreements. 
  • A wide range of activities are available to residents, including arts and crafts, discos and parties. 
  • Operates from a 25,000 sq ft property owned by the Shareholders, which will be included in the sale on a freehold basis.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 1,500 89
2018 (Actual) 1,488 95
2019 (Actual) 1,729 241
  • YE19 turnover of £1.7m with an adjusted EBITDA of £241k.
  • Shareholder funds above £1.8m over the last three years. 
  • Gross profit margin of 26%. 
  • 24% increase in gross profit between YE17 and YE19.

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