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Provider of semi-independent homes for young people in Wales supporting 72 individuals available

Undisclosed

CONFIDENTIAL

  • Asking Price: Price on Application
  • Turnover: £3,600,000 (£69,231 per week)
  • Profit: £671,000 (19% Profit margin)

Business Details

Provider of Semi independent homes for young people

Based in Wales

The company is the operator of several semi-independent homes for young people aged 16–20 in Wales, offering space for circa 72 young people via a framework that provides access to local authorities.

Homes support young people open to social services, including care leavers, unaccompanied minors, and those experiencing homelessness, providing a safe and supported environment where young people can feel comfortable and pick up life skills that will help them to become independent.

The shareholder is offering the business for sale as they wish to explore other, unrelated opportunities.

Offers invited.

Highlights

Provides placements for 12 local authorities.

Benefits from a steady stream of repeat business due to the high level of demand for each place

Circa 10 new referrals received each week via its framework agreement.

Scope to expand upon its current client base through the frameworks already in place.

Sponsor licence in place with the Home Office.

Experienced management team in place.

Operates from several properties across Wales.

Financial Highlights

Turnover of £3.6m in YE25, with an adjusted EBITDA of £671k.

Management turnover of £3.3m in YE26, with an adjusted EBITDA of £575k.

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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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The data showed regarding this advert 'Provider of Semi independent homes for young people - 510542 / 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.