Residential and Home Care Business for Sale in South-East London with Property Included
Greenwich, LondonEst. 5 years
- Status
FOR SALE
- Advert ID
658657
- Reference
BDG2311523 / Rightbiz
- Call Agent:
- Freehold: £975,000
- Turnover: £925,000 (£17,788 per week)
- Profit: £79,000 (ROI 8.1% • Payback 12.34 years)
Business Details
Established Residential and Home Care Business for Sale — Greenwich, South East London
An established care business operating in the Royal Borough of Greenwich since 2021, providing both residential and home-visit care services. The business is fully staffed and benefits from long-term local authority contracts. The sale includes the freehold residential property, recently valued at £580,000, and offered together with the business for an asking price of £975,000. Business highlights Annual turnover of approximately £900,000–£950,000 Operating Profit, adjusted EBITDA, is £79,000 and is expected to rise in the current year. Manager and 16 carers in place Long-term contracts with the local authority Currently supporting two residential clients, with capacity for two additional clients A new residential client was signed on 5 October, generating £81,000 annual income—not included in the financial figures above Property The property is in excellent condition and includes: Two double bedrooms and two single bedrooms Two reception rooms and one bathroom Two WCs Large garage Off-street parking Front and rear gardens Asking price: £975,000 A strong opportunity to acquire an established care operation with experienced staff, contracted income and scope to grow residential capacity.
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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.
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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.'.
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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.
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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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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.
Be safe, use a Rightbiz Solicitor
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