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Established Group of Four Care Homes in Hampshire Up For Sale

Undisclosed

CONFIDENTIAL SALE

  • Freehold: £6,500,000
  • Turnover: £4,851,000 (£93,288 Per week)
  • Net Profit: Not Applicable

Business Details

A Group of Four Care Homes Hampshire and Surrounding Areas

Turnover of £4.8m for year-end 2023.
Adjusted EBITDA in excess of £496k for year-end 2023.
Project Liam provides residential and dementia care for service users over 65.
This business operates with 121 service users across 4 freehold properties - High B&M.
There is a second-tier management team in place who run the day-to-day operation of the business, including a manager, deputy manager and a team of head office staff.
The business has developed a strong reputation in the communities it operates in with a working relationship to local healthcare professionals and local authorities.
Redwoods Dowling Kerr are delighted to present Project Liam a group of care homes based in the South of England. The business is well-established and offers its services across the region. 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 51105 or quote Project Liam.
Ref: 51105
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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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