• Income to year end 31.08.14 £221,499, EBITDA £40,000
• Established over 6 years ago
• Huge growth potential, viewing highly recommended
Well established and very profitable home care and supported living business operating in South Essex. Twelve month income £221,499 with good profits for owner operator. Genuine potential to increase growth and areas covered. Superb reputation with the local authority and CQC. Historic all private client base. Excellent opportunity. Retirement sale. Leasehold Ref 44267
This is an extremely well respected home care agency and supported living business, which has been trading successfully for over 6 years and was established by the current owner. The business offers fantastic quality and niche care packages, which support not only the elderly but also those suffering with dementia.
Since established, the business has shown year on year growth and now has an extremely good reputation within the area, for the level of care provided and for the quality of the staff, many of whom have been with the company since the beginning.
The business operates from serviced offices in South Essex, where the owner is based and covers a small area through choice.
The business always has, and still is trading with all private clients which is currently producing an income of over £200,000, although in our opinion could expand further afield given the central location and road networks close to the main office.
The areas covered are done so through choice in order to keep the level of care to a high standard and to also keep staffing costs to a level, which makes the business profitable. We have been advised by our client that they are asked on a regular basis by the Borough Council to become a preferred provider to cover other areas further afield, such is the level of care and reputation of the business. Due to our clients wish to retire from the care sector this request has been declined, but would be of benefit for any new owner in order to grow the business further.
The business currently offers morning, afternoon and evening care for the elderly and those suffering with dementia. The business also provides respite care which include 6-7 hour calls, and overnight care which is charged at £100 per night. This facility could however be expanded upon by any new owner to generate additional income.
Unlike a number of traditional home care agencies, the business also provides additional help with the following when needed:
Summary. A wonderful opportunity to acquire a home care agency, which would ideally suit an existing home care business provider who is looking to expand their business due to the excellent reputation, loyal staff and growth potential.
The business is well known, very well respected and reputable brand within the South Essex region, which produces good profits for any hands on operator.
A meeting with the owner is highly recommended to fully appreciate this profitable business covering an affluent region.
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