• Huge scope to increase profits & reduce costs
• Main office is not included within the sale, can be rented from the current owner
• Third office is owned by a private company as an ongoing lease
Well established domiciliary home care agency operating from three settings which include London, the Home Counties and the South West. Turnover in the region of £900k with genuine potential to increase the income and overall profits. Ideal purchase for experienced group operator. Retirement sale. Reference 44084
This is a well established domiciliary care agency which has been trading successfully for over 10 years when it was established by the owner. Since the business commenced, it has grown and now operates from three locations throughout the UK, all of which are in densely populated residential areas with good transport links by both road and rail.
The business has becomce a preferred provider in all of the locations it operates in, providing high quality care packages which support not only the elderly but those requiring specialist care.
Since the business was established, it has shown substantial growth year on year and has a good reputation with both the CQC and the local authorities. The business caters for approx. 20% private clients but is currently looking to increase the care hours per month, thus generating more income and maximizing profits, which in our opinion could be increased even further by looking at overal staff costs.
The head office currently operates from a freehold property in Middlesex, where the owners and care co-ordinators are based.
The areas currently covered are all through choice in order to keep the level of care to a high standard, although we have been advised by our client that they are asked on a regular basis to cover other areas further afield.
The business cares for an ever increasing number of care clients and offers morning, afternoon and evening care. It does not currently provide 24 hour or overnight care, which again could be done by a new operator.
Due to the vast amount of work the agency already has on board, they are currently unable to take on any extra work from the neighbouring boroughs. However, the new buyer will be able to take on any extra work from these boroughs if they feel they are able to do so.
Summary. An exciting opportunity to aquire this well established domiciliary care home agency, which would ideally suit an existing and experienced domicillary care operator who is looking to expand their business.
An inspection is highly recommended.
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