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East Midlands Homecare Franchise for Sale – £650K+ Turnover, 29 Employees in Leicestershire

Undisclosed, Leicestershire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    19/05/23

  • Advert ID

    513497

  • Reference

    B07297 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

A successful homecare franchise in the East Midlands

Business
Please quote reference B07297

Established in 2020, this franchised company in the East Midlands specialises in homecare and supported living services. Based out of the East Midlands, this franchise provides services throughout the local area and has contracts with the local council to provide care packages.

Since its inception, the company has expanded quite rapidly with business turnover for 2022 exceeding £650,000. Additionally, the company has grown to employ twenty-nine members of staff along with winning multiple awards and contracts within its industry. As such, the future of this company looks incredibly bright with increasing demand from both the public and private sectors for the company’s services.

With this in mind, the company has a wide variety of gains to offer a prospective buyer. Notably, the homecare packages offered by this business have earned the company three quarter of a million pounds in the last year alone. An amount set to increase in future as the business is currently expanding its scope to include supported living services. Additionally, the company is staffed by a team of highly skilled and experienced employees within the space and has won multiple lucrative contracts in recent years. All of which creates ample scope for continued growth.

Highlights - 

  • Won many awards including a Care Quality Commission rating of good.
  • Has multiple contracts in the local area.
  • Turnover exceeding £650,000.
  • Highly skilled and specially trained team of 29 employees.
  • Franchisee of a nationally operating homecare brand.
Opportunities -

  • Diversifying In Scope.
  • A buoyant market.
  • Continued work with long term clients.


Location
Located in the East Midlands.



Premises
Trading from a rented premises. 



Tenure
Leasehold basis. 



Hours
Due to the nature of the business, it operates all year round. 



Staff
Team of 29 employees



Financial Profile
  • 100% share capital
  • Interested parties will be required to sign an NDA.




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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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