Zoar Residential sold to a corporate buyer

Zoar Residential sold to a corporate buyer

Redwoods Dowling Kerr are delighted to announce the sale of Zoar Residential, a residential care home in Tonypandy, South Wales.

Zoar Residential Home operates from an old chapel built in 1881, with stunning views of the mountains and the valley. The business providers care for elderly persons and has a registered capacity of 30 residents.

The business has an excellent reputation in the area and has built strong relationships with the local authorities, such as the NHS.

Zoar Residential Home also enjoy many referrals and recommendations due to the high-quality care they provide. This high-quality care and environment is also reflected by their glowing report from Care Inspectorate Wales.

The owner wanted to sell the business as they wished to retire and instructed Redwoods Dowling Kerr in the sale. Our bespoke marketing campaign and buyer intelligence programme generated high levels of interest in the business, with 28 viewings and 8 offers.

The business was sold to a corporate operator who was attracted to the business due to their existing knowledge of the sector. The buyer intends to continue to provide the best quality of care to residents and intends to retain the excellent reputation of the care home.

Upon completion of the sale, the owner said: “I would like to thank Asif and Redwoods for all your efforts. The service was worthy of a five-star rating”.

Sales Negotiator Asif Musa said: “It has been a pleasure working with both clients. The owner worked hard to get the sale over the line, and it has been an excellent result for all concerned. I wish both clients the best of luck”.

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