Business Summary

Urban Locks Business Brokers in Manchester are delighted to offer for sale this well established, well appointed residential care home and daycare centre in South West Manchester. Registered for 22 residents, the home boasts 18 single rooms and 2 shared, set over 3 floors, all with en-suite facilities, as well as a number of day care residents that the home has only been facilitating since January 2013.

AREA
This stunning period house is situated in an affluent, leafy suberb in Southwest Manchester. Ideally located close to the supermarket, the immediate area offers a wide variety of shops and local parks. There are fantastic transport links via the main M60 motorway, bus routes and rail stations that are all within close proximity.


BUSINESS
The home has been established for 27 years and has gained a fantastic reputation for the quality of care that our clients strive to deliver. With occupancy levels maintained at close to 100% every year, the owners pride themselves in their hard work and dedication throughout the running of the business. The home is placed on the local authority database for referrals, and have also offered day care within the home since January 2013, which has been very well received and has increased the turn over by approximately 10% with a number of individuals now attending. With a home visiting night service recently introduced, the business is growing quickly with referrals.


PREMISES
This substantial detached property comprises of 20 bedrooms, 18 of which are single and 2 are sharing, all with en-suite facilities. There is a spacious conservatory to the rear overlooking the gardens, two lounges, spacious dining room, and a formal lounge area. In the basement there is a well equipped commercial kitchen and laundry room. There are gardens to all sides along with off road parking to the rear.


STAFFING
Our clients own, run and manage the business fulltime, and are assisted by an experienced team of 18 staff members.


TENURE
We have been advised that the property is Freehold


FINANCES
The turn over for 2011 was £408,121 with a gross profit of £376,848. We are still awaiting the 2012/13 accounts but have been advised that they are likely to see a turn over close to £500,000 due to the daycare, night care and increase in local authority fees.


REASON FOR SALE
Following a very successful 27 years, our clients have now decided to pursue other business interests.

Disclaimer
Please Note: All information, measurements, plans and photographs are for general guidance only. The agents have not tested any appliances, facilities or services.

Whilst these particulars are believed to be correct their accuracy is not guaranteed and they do not form any part of any offer or contract.

* Viewing strictly by appointment with Urban Locks *

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