The residential care home sector is one of the fastest growing in the UK and potentially lucrative business opportunities exist for those with sufficient capital to invest. But, if you’re thinking of buying a Care Home or a Nursing Home, you’ll quickly discover that it’s a much more complex process than simply finding the right location, property and staff.
Owning a care home or a nursing home is a significant long-term financial commitment. Alongside the more practical considerations, such as occupancy rates and square meterage per room, the future success of your care home business will be dependent on how you manage the many important legal and commercial considerations.
It makes sense, then, to engage the services of a specialist business transfer solicitor who will help ensure that your business model is sound and that all the necessary legal checks are in place.
Truelegal: Specialist solicitors acting for buyers of Care Homes and Nursing Homes
Unlike most other firms of solicitors, we specialise solely in business transfers and have many years of experience acting for business buyers and business sellers across England and Wales, including buyers of Care Homes.
Whether you’re interested in owning 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.
When buying an existing care home, perhaps more so than with any other business, it is crucial that day-to-day operations are not disrupted.
As well as ensuring the smooth handover of premises, assets, systems, knowledge, patients and staff, we will help you navigate the maze of statutory obligations relevant to the care home industry and negotiate the many warranties and indemnities that are essential to protect your investment.
What’s more, we’ll do all of the above for a fixed price fee agreed with you at the outset, giving you complete control of your budget .
Make a free enquiry
The sooner we become involved in the process of helping you to buy your Care Home or Nursing Home the more likely it is that your purchase will be successful, so please contact us today.
Our full contact details can be found on our Contact Us page.
We look forward to hearing from you.