FActors to consider when buying a Care Home: Part 2There are many reasons for selling a Residential Care Home or Nursing Home business, including retirement, change in family circumstances and strategic decisions. Perhaps you’ve come up against one too many legislative hurdles and can’t secure the finance to make necessary alterations to your premises.

Whatever the reason for selling your care home business, the route can be long, stressful and full of potential pitfalls. You’ll quickly realise that it requires skills and knowledge that are way outside your comfort zone.  Whether or not you achieve a successful outcome will depend on careful planning and consideration of many complex legal and commercial issues.

Seeking expert advice from a specialist business transfer solicitor who is familiar with the particular challenges of the care home industry will give you peace of mind that you are doing everything possible to maximise the value of your business and achieve a hassle-free sale.

Truelegal: Specialist solicitors acting for Sellers of Residential Care Homes and Nursing Homes

Unlike most other law firms, Truelegal’s solicitors specialise solely in business transfers and have many years’ experience of acting for business buyers and business sellers across England and Wales, including those buying and selling Care Homes.

Whether you’re selling a large nursing home providing specialist care for patients with mental health and physical disability issues or a small residential care home, we can guide you through the process and give you no-nonsense, practical advice to help ensure you make the right choices from the outset.

Regardless of your reasons for sale, we can help you shape your business so that it is presented in the best possible light. In particular, when selling a care home, it is crucial that day-to-day operations are not disrupted.

We will guide you through the sale process and help ensure a smooth handover of your business, including the transfer of premises, assets, systems, knowledge, patients and staff. We will also help you navigate the maze of statutory obligations relevant to the care home industry and negotiate a watertight sale document including the warranties and indemnities necessary to protect your position post sale.

Furthermore, our specialist business transfers expertise allows us to pass on cost savings to you without compromising on quality.

Make a free enquiry

The sooner we become involved in the process of helping you to sell your Care Home or Nursing Home the more likely it is that your sale will be successful, so please contact us today.

Please either call us now on 01392 879414 or complete our Free Online Enquiry and we will soon be in touch.

Our full contact details can be found on our Contact Us page.

We look forward to hearing from you.