Care Agencies for sale in Chelmsford

View the "Independent Domiciliary Care Business" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Independent Domiciliary Care Business

Chelmsford, Essex, England

  • Price: Offers Invited
  • Annual Turnover: £2,100,000
  • Annual Net Profit: £350,000
Seller Reference: 7157
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Business Description
 
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Seller Reference: 7157
Request Details
Business Description
Independent Domiciliary Care Business

Location – Essex
Axis Reference 7157

 Turnover £2.1 million+
 EBITDA £350,000+
 2,000+ Hours per week
 140+ Service Users

The Business: The business was started by the current vendors and commenced operations early in 2006.

Services are provided to adults who, through illness, disability or physical frailty, are unable to maintain their independence without assistance.

The majority of business is based on a local authority framework agreement, awarded in 2014 with 4 years remaining (2+2). In addition, the business provides services to a small number of private customers.

A good team is in place who manage the day to day operations, as the vendors have been preparing for exit.

Key Financials:

2017

Turnover
£2,135,868
Gross Profit
£853,481
38.0%
Profit before Tax
£137,565
Earnings Before Interest & Tax
£354,123
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