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Domiciliary Care Company for Sale in Stanmore London

Harrow, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    652838

  • Leasehold: Price on Application
  • Rent: £7,800 (£650 per month)
  • Turnover: £208,000 (£4,000 per week)
  • Profit: On request

Key Features

  • Skilled and trained workforce
  • Experienced care staff
  • Experienced ownership team
  • Financially sound business model

Business Details

Established Domiciliary Care Company for Sale in Stanmore, London

A well-established domiciliary care company is now available for sale, having been founded in 2018. After a few years of successful operations, the company underwent a name change but has consistently demonstrated year-on-year increases in both turnover and profit. With a dedicated team and management willing to remain with the new owners, the business is set for a smooth transition. The staff are highly qualified and trained, having built a reputation for delivering excellent care over the years.

The company currently operates with 90% of its clients being privately funded, presenting a significant opportunity for growth. There is the potential to secure contracts with local councils and the NHS, thereby expanding the client base and increasing revenue. Additionally, all operations are managed digitally, enabling the business to be run remotely from anywhere. This flexibility allows the reliable, well-trained staff to continue delivering high-quality care without interruption. Overall, this is an exceptional opportunity for professionals already in the sector or those looking to establish their own healthcare business.

Business Overview

The business has been operating successfully for over seven years, and the current owner has possessed it for eight years. Due to personal circumstances, the owner has decided to sell, creating an opportunity for a new buyer to step in. With 15 employees on board, the company boasts a skilled and trained workforce that, alongside an experienced management team, ensures the delivery of consistently high standards of care. Financially, the business model is sound, marked by high gross profit margins and robust revenue potential.

Client and Staff Satisfaction

The company enjoys high satisfaction rates among its clients and boasts impressive staff retention figures. The combination of flexible care packages and a person-centred care approach has resulted in positive customer feedback and a strong reputation within the industry. Furthermore, the business benefits from established relationships with local authorities and a professional online presence, including a newly redesigned website. Both marketing and promotional materials are included in the sale, further enhancing the company's visibility and outreach.

Future Potential

This company not only benefits from a long-standing trading history but also presents numerous avenues for future growth. There is high turnover potential, especially with the capability for geographical expansion. The presence of medication management services and non-medical assistance enhances the care offerings, making this business an attractive proposition for prospective buyers. A smooth transition period with training opportunities is also available to ensure new owners can take over seamlessly.

In summary, this is a thriving domiciliary care business that stands out for its outstanding industry reputation, passionate and reliable team, and potential for further expansion. It represents a fantastic opportunity for anyone seeking to invest in or establish themselves within the healthcare sector.

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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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