Provider of Support to Young People Leaving Care – Based in North West England
Provider of Support to Young People Leaving Care – Based in North West England
Overview
Description
With a wealth of expertise and knowledge in supporting vulnerable young people, the company has built an exceptional reputation for the provision of support, guidance, training, and accommodation to young people across the north west of England who are leaving care.
The business provides a fully furnished home set up, and can offer different placement levels, depending on the needs of the young person in question.
The directors are offering their shares in the business to facilitate retirement plans.
Offers invited.
Key Highlights
– Provides group living, solo community, 2:1, and 1:1 placements.
– Currently works with local authorities across Lancashire, Cumbria, Blackpool, and Blackburn.
– Part of a North West tender group which guarantees referrals for work on an ongoing basis.
– Specialist team of support workers, psychotherapists, and administrators in place.
– Leases over 20 properties for young people throughout North West England.
– Scope for growth via geographical expansion into Manchester, Salford, and Liverpool, where the business has already received requests for its service offering.
Financial Highlights
– Generated a turnover of circa £3.2m in YE23.
– Adjusted EBITDA in excess of £133k achieved within the same year.
– Gross profit margin of 90%.
– 10-month management figures currently indicate a turnover of £3.17m.
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