DC Care secures sale of Broome End to new care provider
DC Care is delighted to announce the successful sale of Broome End, an attractive care home registered for 35 residents within the categories of old age and dementia care, located in Stansted Mountfitchet, Essex.
Broome End is highly regarded having collected several accolades, including “Care Home of The Year” and “Champion of Champions” at the 2019 Prosper Awards for Essex County Council.
The business has been acquired by Mr Haris Khan, owner and operator of a healthcare recruitment agency in South West England, with Broome End marking his first care facility purchase.
The sale was managed by DC Care’s Senior Sales Negotiator Michelle Natkus and Southern Region Director Andy Sandel, who facilitated a previous transaction for Broome End as part of a former Southern Cross care home portfolio, Andy summarised: “When the time was right for our vendor to consider a discreet disposal of Broome End, it was felt there would be strong interest from a wide variety of parties, as high-quality care facilities with outstanding profitability are that widely sought-after.”
Michelle followed up on Andy’s comments: “Andy and I would like to congratulate Mr Khan in his first care home acquisition. It demonstrates that opportunities still exist for new entrants looking to purchase a care facility, particularly those with the knowledge and experience required in the sector.”
Haris Khan, Managing Director at Curaa Group Ltd added: “Broome End Care Home, Curaa’s first acquisition, recently won Home of the Year at the Essex Care Sector Awards. Thanks to our amazing team I have no doubt we can build on this momentum in 2020. We would like to thank Michelle Natkus of DC Care for using her insight into the care home market to help secure our first home.”
Category: Acquisitions in care, Care Home News
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