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Elderly parents

AMA - I bought a residential care home for those living with dementia

32 replies

MPF080619 · 09/07/2019 17:20

I have NC'd. I have been lurking the last few months and wondered whether this may be of interest to people. 18 months ago I bought a dementia care home. I had no actual background in dementia care. I absolutely love what I do and have a wonderful team of carers who work with me. But.... it is a challenge in so many ways. So... AMA... I will be as honest as I can be!

OP posts:
IWouldPreferNotTo · 09/07/2019 17:35

I think the question a lot of people wonder is "what are the margins like and how do the costs split out as a percentage of revenue"

mimibunz · 09/07/2019 17:31

Are you in South Wales?

OrgasmicScalp · 09/07/2019 17:31

Apologies I didn't ask a question!

OrgasmicScalp · 09/07/2019 17:30

I've worked in elderly care for around 18 years.. I would love to do what you've done. It saddens me to see how some homes are run and I'd love to be able to own my own and run it the right way.
I'm currently working nights for minimum wage and alot of responsibility.. I'm actively looking for a new job away from care which saddens me but in my experience most homes are all the same
Not saying yours is like that of course..
I hope you make a great success of it

MPF080619 · 09/07/2019 17:26

Should say family members - not owners.

OP posts:
MPF080619 · 09/07/2019 17:25

It was a family business, the owner I was related to and died. We wanted to continue the legacy of the owner and bought out other family owners.

I have a very experienced team who work with me including a registered manager but I am very hands on.
No, I am not a nurse.

20 residents.

OP posts:
raffle · 09/07/2019 17:22

What made you decide to do this if you have no relevant experience of dementia?

Are you a nurse?

How many patients do you have?

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