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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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