Featured Brokers
CONFIDENTIAL SALE
FOR SALE
04/12/23
603479
154644 / Rightbiz
The company operates two residential care homes and manages five supported living properties, providing expert care and support to adults between 18 and 65 with autism, learning disabilities, and associated health problems.
Priding itself on its outstanding care provision, the company was rated ‘Outstanding’ by the CQC during its last inspection.
The business is now being offered for sale to facilitate the Directors’ retirement plans.
Our clients are open to all types of structured deals subject to terms.
Offers invited.
Key Highlights
- Has developed long-standing relationships with all of the local authorities in the area.
- Highly experienced second-tier management team in place that can operate independently of the Directors, providing a turnkey acquisition.
- Excellent workplace culture facilitates an extremely high staff retention rate.
- Two freehold residential care premises included in the sale.
- Establishing more supported living homes to meet the rising demand and preferences of local authority clients would ensure continued growth.
- Would benefit from hiring a Business Development Representative to assist the company in setting up new services, as well as pursuing other avenues of growth.
Financial Highlights
- Turnover in excess of £1.8m in YE23 with an adjusted EBITDA of circa £360k.
- Good forward revenue visibility due to local authority contracts.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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