Asking price: £800,000

Sales revenue: £188,000

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
A profitable 9 bedroomed care home together with a three bedroomed detached bungalow situated in the heart of Dartmoor with fantastic views .grounds approx 5 acres.Care home has a two bedroomed staff flat.Leasehold,99 year lease with 49 years to run.Very low rent with no reviews.High profit margin with further potential.

Years established:  23 years

Employees: 4

Trading hours: 24 hours ..7 days

Property: Leasehold

Lease terms
Duchy of Cornwall.99 years lease for 49 years to run.Very low rent and no rent reviews.

Living accomodation
Care Home accommodation...9 service users bedrooms,4 ensuite,seperate bathroom and toilets.Fitted kitchen, Lounge,dining room,service rooms for laundry,cold store,office,two sun lounges and conservatory.Two bedroomed staff flat with shower room and kitchenette. Detached 3 bedroomed bungalow,fitted kitchen large lounge /diner,two bathrooms one ensuite.Large garden room leading onto outside patio.Sun lounge from lounge/diner.

Location
In the Dartmoor National Park.1 mile from Princetown.6 miles from Yelverton.8 miles Tavistock.13 miles from Plymouth.20 miles from Exeter.

Expansion potential
Current occupation 6 service users showing a high net profit of between £80.000 and £100.000 further potential £75,000 plus.

Competition / Market
Nearest care home 5 miles.no threats ,good demand for accommodation from Plymouth S/Services and West Devon Social Services

Support & training
Full support/training during transition period.

Reasons for selling
retirement