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Care Home Group
Turnover - £4.5m
Sector - Social Care
The Project:
To work with the owners and management in implementing a profit restoration plan in one of the two nursing homes in the business and thereafter sell the home in order to repay bank debt.
Outputs:
Occupancy increased by 30%
Costs reduced by 20%
Profitability restored
£150k overdraft eliminated
Group restructured
Home sold
£3.3m debt repaid
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