• Turnover 2016 £1,242,341 per anum, ANP of £149,319 (12%)
• Established over 15 years ago
• Management run, genuine growth potential
***OIEO** Well established home care and supported living business operating from locations in the home counties. Turnover 2016 £1,242,341 per anum, ANP of £149,319 (12%) and genuine potential to increase growth and areas covered. Excellent opportunity for existing care group. Ref:44398
This is a well established home care agency and supported living business which has been trading successfully over 15 years. The business was established by our client, as part of an original franchise. Within that time the business has become one of the regions preferred providers for both private and local authority clients.
Since being established over 15 years ago the business has shown year on year growth and in 2014 the business expanded by acquiring an additional area in Berkshire. The overall business has a good reputation within the local area for the level of care provided and for the quality of the staff, many of which have been with the company for many years.
The business operates from serviced/leased offices where the owners are based and covers an area of approx. 15 miles radius through choice and provide a minimum 1-hour call to all clients.
The business has a mix of local authority and private clients which is currently producing an income of in excess of £1.5m per annum and 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 reasonable level. We have been advised by our client that they receive a number of new enquiries each day from various local authorities and to cover other areas further afield. However, due to our client's other business interests outside of the healthcare sector these requests have been declined, but would be of benefit for any new owner in order to grow the business further and to build upon the strong reputation which has been built up over recent years.
The business currently offers morning, afternoon and evening care for the elderly along with those suffering with dementia. The business also provides respite care, which includes 6-8 hour calls and 24 hour care to a small number of clients. This facility could however be
Summary. A wonderful opportunity to acquire this business which would ideally suit an existing home care business provider who is looking to expand their business due to the locations, loyal staff and growth potential.
The business is a well known and reputable brand within the region which will produce excellent profits for any hands on operator.
A meeting with the owner is highly recommended to fully appreciate this profitable business covering affluent regions.
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