How do I buy a care home?

How do I buy a care home?

How do I buy a care home?

Answer: 

There is a lot to consider when buying a care home. Firstly, are you buying the existing company (i.e. the shares of the company through which the home is operated) or the business of that company? This is a fundamental question as it affects much of what follows. The care home will be an ongoing business and the apportionment of costs/liabilities/income etc. both before and after the purchase is completed will be affected. There are also regulatory considerations that must be borne in mind.

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