Cherry Tree Lodge located in Rawtenstall sold to an existing operator in a deal facilitated by Redwoods Dowling Kerr.
Cherry Tree Lodge is a well-known and highly respected residential care home first established by the current owners in 1985. The business is registered for 23 residents with 21 single bedrooms and one twin bedroom.
Cherry Tree Lodge was rated ‘Outstanding’ by CQC at the latest inspection. Over the years, it has earned an enviable reputation for providing excellent standards of care and support in a friendly warm environment.
The buyer was attracted to Cherry Tree Lodge due to the strong management team in place and the business’s achievements and reputation in the area. The new owner wishes to continue to provide the best quality of care and grow the business.
Our client’s comments on the RDK sales process were: “I would like to say that I am very happy with the service that I received from Redwoods Dowling Kerr in selling our business. I would like to thank Sam and Asif Musa in particular who did a great job in finding us a willing and able buyer, Asif handled the sale of our business very efficiently and quickly. In the challenging times of the market Asif had continued to push the sale to completion and kept in contact with our solicitor. I would definitely recommend Redwoods Dowling Kerr and Asif to anyone who is looking to sell their care home.”
Healthcare Broker Asif Musa stated: “It has been a pleasure working with our client. It has been an excellent result for all concerned. I wish my client all the best with their retirement.”
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