Care Homes

Value Per Bed

Assess a care home on capital value per bed against trading performance.

Intermediate

Introduction

Who this is for: Investors and operators appraising care home acquisitions.

Why it matters: Value per bed is the sector comparable, but it varies enormously with room quality. A home with a high proportion of shared rooms or rooms without en-suite wet rooms will struggle to attract private-pay residents and commands a materially lower figure.

Typical scenario: A 62-bed home offered at £5.6m, with 80% en-suite and a 45% private-pay mix.

Common mistakes:
  • Comparing value per bed without adjusting for en-suite provision and private-pay mix.
  • Ignoring capex needed to bring rooms up to a lettable standard.
  • Using registered beds rather than beds actually usable.

Inputs

Asset

£

beds

%
£

Trading

%
%
£
%

Analysis

£5,600,000 across 62 beds is £90,323 per bed, rising to £95,968 including required capex. Revenue of £3,098,909 at a 24% margin gives £743,738 EBITDA — a 12.5% yield on total investment, or 8.0x earnings.

This analysis provides context, not financial advice. Consult a qualified adviser before making investment decisions.

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Sensitivity Analysis

Sensitivity

Adjust the variables below to stress-test this scenario. Results update instantly.

£5,600,000
£0£11,200,000
89%
0100
£1,080
£0£2,160

Export

Live Results

Value Per Bed

£90,323

Value Per Bed (incl. capex)

£95,968

EBITDA

£743,738

EBITDA Yield

12.50%

Annual Revenue£3,098,909
EBITDA per Bed£11,996
EBITDA Multiple8.00x
Non-En-Suite Beds12.00x