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Preferred Commercial is pleased to offer for sale this residential home, which was established by our clients in 1989 and which is only now being placed on the market due to our clients' wish to retire. The home is registered for 5 residents with learning difficulties and generates a turnover in the region of £116,000 per annum with a gross profit of 90%. Registration for the 5th resident was only approved in early 2012 and so is not yet reflected in the turnover figures. The business has consistently achieved good CQC reports and has recently been re-contracted by the local authority. We feel this is an ideal opportunity to acquire a well-established and respected care home, with scope to develop further and in such a desirable location. Early discussions with Preferred Commercial must come highly recommended.
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