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Buy Well-established Home Care Provider in South East England, Expect High Turnover

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    10/07/24

  • Advert ID

    614131

  • Reference

    50196 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £650,000
  • Turnover: £2,200,000 (Ā£42,308 Per week)
  • Net Profit: Not Applicable

Business Details

Home Care Provider South East England

Home Care Provider in East Anglia.
Turnover of £1.4m for year-end 2023, adjusted EBITDA in excess of £249k for year-end 2023.
The business is on track to increase to c.9,390 Four weekly care hours (from c.7,200 Four Weekly) to service users across the region by the end of 2024.
(Current Care Service Users : 140 of which 2X Are Private Clients)
Staff are trained to care for service users with dementia and mobility issues.
Operating for many years with a block contract from the local authority.
Our clients employ over 100 employees with a second tier management team consisting of a registered manager and deputy manager amongst others.
Redwoods Dowling Kerr are delighted to present Project Fjord a Home Care Provider based in East Anglia. The business is well-established and offers its services across the region. The business offers care for those with Dementia, Alzheimerā€™s, Parkinsonā€™s, terminal conditions, 24 Hour Care, Live in Care, Adult Home Care (18+),Personal Care (on a contracted hours basis), Personal Care Assessments, Risk Assessments in the Home .The vendors now wish to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant. Business is available on a freehold basis.

Please contact us for further information using reference number 50196 or quote Project Fjord. Ref: 50196
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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 'Home Care Provider South East England - 50196 / 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.