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Profitable Multi-Site Supported Living Services in Suffolk, Established Since 2006, Retirement Sale

Undisclosed, Suffolk

CONFIDENTIAL SALE

  • Leasehold: £2,100,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Freehold & Leasehold Multi Site Supported Living Services East Anglia

Well respected and profitable supported living business Located in Peterborough and Cambridgeshire registered for 17 and the office located in Suffolk with a 'GOOD' CQC rating.
Income for 2023/24 of £1,109,816 with an EBITDA for the same period of £425,561. 100% local authority clients. Current occupancy is 15 with many referrals coming through.
Includes freehold 8 bedrooms across 3 buildings & leasehold of 9 fully furnished individual flatlets in one location.
Established in 2006 by current owner, retirement sale, viewing recommended

Well established, highly respected and very profitable supported living business operating freehold and leasehold sites in Suffolk and Cambridgeshire. Income for 2023/24 of £1,109,816 with an EBITDA for the same period of £442,228. Viewing is highly recommended. Ref: 50981
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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 Ā£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 'Freehold & Leasehold Multi Site Supported Living Services East Anglia - 50981 / 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.