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Established Home Care Agency in Eye, Suffolk for Sale - Profitable since 2005, Retirement Sale

Undisclosed, Suffolk

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    11/05/23

  • Advert ID

    512996

  • Reference

    50221 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £125,000
  • Turnover: £153,655 (£2,955 Per week)
  • Net Profit: Not Applicable

Business Details

Domiciliary Care Agency Suffolk

Domiciliary Care Agency operating in Suffolk, with a Good CQC Rating.
Annual Turnover for Y.E 2022 £153,655 with an EBITDA of £39,396. 70% private clients 30% local authority. 13 service users in total proving 165 hours of care per week. Council contract ends in July 2029. Owner willing to provide a handover
Limited competition locally. Owner managed
Genuine potential to increase income and expand the areas covered
Well established and highly regarded home care agency operating in mid Suffolk. Genuine potential to increase income and overall profitability. Established in 2005 by the current owner. Owner run and managed on a daily basis. Limited competition locally. Ideal for existing operator. Traditional home care agency with potential to add live in care packages. Operating from a dedicated home garden office which could be made available to any new owner. Retirement sale Ref: 50221
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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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The data showed regarding this advert 'Domiciliary Care Agency Suffolk - 50221 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.