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AN INDEPENDENT FOSTER CARE AGENCY

Undisclosed

CONFIDENTIAL SALE

  • Leasehold: Price on Application
  • Turnover: £700,000 £13,462 Per week
  • Net Profit: On request

Business Details

BASED IN SOUTH EAST ENGLAND
Turnover of circa £700,000 with an EBIT in excess of £160,000.
Main activities involve the assessment and approval of foster carers. It provides support, training and supervision to ensure compliance with statutory guidance.
An Ofsted-registered company which has consistently gained a ‘Good’ rating.
Has worked with circa 45 local authorities in the last quarter.
Currently works with five local authorities.
Operates from leasehold premises, with the potential for relocation within the region.
Offered for sale to facilitate retirement plans.
Scope for growth via pursuing expansion across a wider range of counties, as all local authorities within England could be potential clients. Development may also be enhanced by the use of specialist services, as the agency has never used outsourcing.
Offers invited.

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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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