Care Agencies for sale in Devon

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Imran Ahmed (Nov 2014)
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Leasehold Price: £340,000 Annual Turnover: £465,063
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Business Description
• Highly lucrative domiciliary care agency for sale in the South West with fantastic reputation
• Turnover for 2014 was £465,063, EBITDA 2014 £60,000
• Established client database including private clients and local authority contracts
• Available with dedicated Leasehold building with parking and 2 rooms in excellent condition, viewing highly recommended

A highly desirable and lucrative Complex needs Domiciliary Care business incorporated within the framework agreement located in the South West with minimal competition, an excellent reputation and immense scope to expand. 60% local Authority/Framework and 40% private direct pay clients. Turnover in excess of £465,000. Projected EBITDA 2015 over £60,000k. Rare opportunity to develop this already growing business. Leasehold ref 44269

This is a highly reputable domiciliary care business located within a North Devon town and servicing up to a 15 mile radius of its base. Established upon the complex Framework agreement and operating a 60/40 split with framework/private clients.

This highly profitable business is only being offered for sale due to the retirement of the current vendor. The vendor also feels she has developed the business to a level that she is comfortable with and the business now needs a different skillset to extend the potential further.

The business started life as a sole trader and became incorporated by the current owners. During this time the business has established a truly excellent reputation for providing care of the highest possible standards. This very professionally run agency prides itself on the quality of its staff and services and in doing so has become one of the most enviable and successful companies within North Devon, being one of a few suppliers for complex needs cases.

The business provides care to younger disabled clients and includes mental health, mental and/or physical disability, brain injury and specialises in complex needs cases.

The business is also registered to provide care for clients over the age of 65 years but not residential care.

On the current framework, the business provides many hours of work which is guaranteed each week. The owner has so far refused and regularly turns down work that doesn’t suit their needs. This leaves excellent scope for expansion for a future purchaser.

The organisation ensures their staff provide excellent standards of care across the board, whatever the capacity and it is this kind of attention to detail that has led the organisation to grow to its current turnover level in such a short space of time, currently in excess of £465,000. All staff are trained to an extremely high standard and receive training both externally and internally.

The vendor is currently the registered manager, with ad

Summary. This is a rare opportunity to acquire a well-established and highly renowned domiciliary care business, which is already on the complex care framework agreement system and which is extremely profitable and only now being offered for sale due to retirement. The owner now feels their skills are now insufficient to drive forward the growth beyond its current level. To avoid disappointment, a viewing is strongly recommended.
Tenure: Leasehold

Listed by: RedwoodsDowlingKerr
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