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Social Services Support Company

Undisclosed Devon
Social Services Support Company Ref.CU036 Location Devon Asking Price £90,000
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 44479
ADVERT IMPRESSIONS : 51,458 TIME(S)

 
BUSINESS SECTOR: Services
TRADE TYPE: Other
SALE: Agent Sale

LEASEHOLD:

£90000
 

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BUSINESS DETAILS:

Business profile:
This company has built and developed a superb business model that caters for one of the most demanding sectors in the social services care market.

The company contracts to the Social Services support services and provides invaluable assistance to young people aged sixteen to eighteen, vulnerable adults who may be maladjusted, autistic or have specific social issues to contend with. This can be helping them cope with issues such as personal health care, living on their own for the first time, shopping, cooking and budgeting, through to ongoing education, travel and transport problems from using the bus or rail network to, learning to drive.

Each individual is contracted by the social services for a specific period or on an ongoing basis depending on their personal needs. The business provides its services in the home environment of the beneficiary or will source accommodation within the local community. Its process and support programmes have one objective and that is to help each and every client arrive at a point where they can make informed choices for themselves, be integrated into society and lead full, active and happy lives. The business currently has five children in its care all of whom have been placed with them by the local Social Services who are their main client.

Key Strengths:

• Well known and highly respected
• Growing demand for their services
• Superb and well qualified staff
• Excellent key manager
• Financially sound
• Ideal premises

Growth and Expansion:

This sector of the social services portfolio continues to see growth and the business has managed itself to a size suitable for the vendor’s requirements. Subject to suitable accommodation it would not be a difficult proposition to double the size of the business.

Key Opportunities:

There is a huge demand for fostering services for those children under the age of sixteen and vulnerable adults over the age of eighteen. In addition to which the growth in demand for care for the elderly and infirm is a market that is acknowledged as a significant area for development over the next twenty years.


Premises:

The premises are situated in a converted school qne located in a residential area close to the city centre. The site provides ample facilities for training and comprises of a small reception area, a lounge, pool room, two meeting rooms and an IT suite plus a kitchen. The staff operate from an open plan office. There is ample onsite parking.

These facilities are subject to a five year lease with four years left to run and cost £1000 per month with an additional figure of circa £200 for utilities.

Business Hours:

The business operates on a twenty four seven basis due to the nature of its services.


Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The company generates an income of around £190,000.
Employees:

The directors have built a strong and highly professional team around them with the correct strategies and client relationships that means it is not reliant on the two directors to make the company function.

• One area manager and operations manager
• Two senior support managers
• Two relief members of staff
• Sessional workers
Support and Training:

There will be a full and professional handover. It is important to note that the existing employees will be staying with the business making this process both fast, efficient and seamless.
Reason for Sale:

The founding directors have spent their entire working lives in this sector and have achieved massive success in changing the lives of hundreds of young people. They now feel that the time is right for the business to be passed on to a new generation of owners and for them to pursue new challenges abroad.
   
  FOR SALE
   

REFERENCE:

CU036 / RightBiz
   
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ENQUIRIES:

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