The evidence we are seeing so far in 2017 is that there is still a good appetite in the market for the acquisition of decent quality care homes throughout Scotland and the UK. However, vendors should be aware that, generally, as profitability is being squeezed by increased staffing costs, either due to the Living Wage and the lack of nursing staff, then this could impact on the overall price which purchasers are willing to pay in the current climate. Furthermore, as more care homes are coming to the market, then they have to be competitively priced in order to sell quickly.
If you require a market appraisal of your business (or businesses) please feel free to get in touch.
If you are looking to acquire at the moment, then please also get in touch so that we can get a handle on your requirements as we are currently instructed on a number of off market opportunities which may be ideal for your expansion plans.