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A RESPECTED PROVIDER OF RESIDENTIAL CARE SERVICES FOR YOUNG PEOPLE

Undisclosed

CONFIDENTIAL SALE

  • Freehold: £1,000,000
  • Turnover: £373,000 £7,173 Per week
  • Net Profit: N/A

Business Details

BASED IN SCOTLAND
Generated a turnover of £373k in YE20 with an adjusted EBITDA £141k.
Provides semi-independence accommodation, support and outreach for young people.
Member of several industry-standard associations.
Works with a range of local authorities within its sector, supplying the company with a reliable stream of revenue.
Employs highly skilled members of staff who are capable of running the day-to-day operation of the business.
Shareholders are now offering the business for sale to facilitate retirement plans.
Operates from freehold premises.
Asking price: £1 million.

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Key Features

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Contact seller

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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