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Care Homes for Children & Young People with £5M Turnover in North West For Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    24/10/23

  • Advert ID

    601616

  • Reference

    150053 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: Price on Application
  • Turnover: £5,000,000 (£96,154 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

A COLLECTION OF HOMES OFFERING EXCEPTIONAL RESIDENTIAL CARE FOR CHILDREN AND YOUNG PEOPLE

Achieved turnover in excess of £5 million in YE23, with an adjusted EBITDA of circa £1 million.
Operates several care homes which provide a safe and nurturing environment in which children can grow. 
Nine homes cater to the needs of children under the age of 18, while the tenth is designed to teach young people the skills required to live independently. 
Works closely with local authorities across the North West, all of whom provide repeat business.
Homes included in residential care frameworks in place across the North West 
Successful in winning tenders for partnerships with local authorities.
Opened three new homes in 2020/21, the full impact of which has not yet been reflected in annual profit and loss accounts.
Strong second-tier management team.
Our Clients are offering the business for sale to facilitate their retirement and the exploration of unrelated interests.
Offers invited. 

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

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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.

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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.

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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.'.

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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.

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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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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 'A COLLECTION OF HOMES OFFERING EXCEPTIONAL RESIDENTIAL CARE FOR CHILDREN AND YOUNG PEOPLE - 150053 / 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.