Residential Home For Children Aged 10 To 17 For Sale - West Midlands, United Kingdom

Advert Ref: 000207a

Business description: West Midlands area. Earnings capacity at current fee levels approximately £364,000 pa with estimated Net Maintainable Earnings (NME) of £137,000. Currently 2 bed spaces.

Years established: 4

Expansion potential: There is potential to use the current large office room on the ground floor as an extra bedroom. There is also the potential to extend the house to the rear into the garden subject to planning permission.

Reasons for selling: The company trades as a Limited Company and is instructed for sale by way of Share Transfer plus net asset value (NAV) to enable the director to retire from business ownership.

Financing available? The current economic situation has, of course, made access to funding a little more difficult for most people, however Equittex have direct access to a number of mainstream and alternative funding providers and partners. So if you are interested in making an acquisition (via Equittex or otherwise) please send us a quick email and we will be delighted to help if we can.

Related documents: 000207a Sales Memorandum