Care Homes for Sale. How to value, market and sell a Care Home?
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It is well known that people are living longer these days due to advances in medical health care and also improved lifestyle decisions within the population. There is therefore increased demand for residential care homes within the United Kingdom and it is assumed that the demand for the provision of residential care home is above 500,000 in the UK alone in 2011. Future provision in this area is due to grow with over 35% of people in the United Kingdom being over the age of 65 years of age by the year 2015.
With residential care homes, residents are generally elderly people who have a degree of independence and require a little day-to-day care. The homes are typically run by qualified carers who have the appropriate level of training but obviously not as much as full nursing position.
In the UK this area is covered under legislation and in April 2002 the registered homes act was passed. Residential care homes are currently regulated by the national care standards commission there is increasing investor demands in this area and we are finding more and more interested buyers approaching us willing to purchase practices in suitable locations as future investment decisions.
With the current financial climate the returns on care homes are excellent and it is considered a relatively low risk approach as the capital is maintained in either a saleable asset or in bricks and mortar. We are also finding investors who once purchase their first residential care home go on to acquire many more, developing a national brand in the process.
If you are thinking of selling a care home business that you have developed then please give us a call and we can let you know what the market is like and give you an indication of the sales process and highlight any already registered buyers who we could introduce to you in order to facilitate the sales process. We fully understand the confidential nature of the sale and are acutely aware that you will have staff and residents who will not be aware of your intentions. We screen all our buyers for suitability and also check their financial status so that we only introduce to you serious buyers who are committed to purchase. We also reinforce to them the confidential nature of the process and arrange viewings at convenient times for you.
If you are thinking of buying a residential care home or adding to your portfolio of properties within your brand then please do give us a ring. One of our experienced customer relationship managers can guide you through the residential care homes on our books. If you are looking to sell a care home then please speak to one of our consultants about the current market and sales process.
Alternatively click on the following link to view our current market selection of residential care homes for sale
