Agency Title: SOLD Well Established Domiciliary Care Agency

For Sale / Sold: Sold

Date Posted: 12 Aug 2015

Location: Lancashire

Guide Price: Offers Invited (Business)

Business Broker: Axis Partnership

Reference: 7131

Description

• Good name, through continued good care
• Retirement Sale
• New 5 Yr Local Authority Block Contract
• Long-standing care staff
• Forecast Turnover c. £1,400,000
• EBITDA £210,000
• Billing AVG £27,000 P/W
• NMW & Travel Time compliant

Offers Invited For 100 % Share Transfer

The Business:

This domiciliary care agency is registered to provide personal care to people in their own homes, providing support to people living in a key location in NW England. The current owners started the business following 11 years working in the care sector. The business has since developed a good reputation for providing quality professional care with an excellent team of long standing staff who share the values of care and professionalism that the owners founded the business on. The turnover of the business has grown year on year, thanks to its good name, and continued good care. The last CQC inspection found that they had met all the required standards.

Financial Statement (£)

Year-end Accounts Turnover (£) Adjusted Profit (£)

Forecast 2017 1,400,000 210,000
December 2016 760,155 150,000
December 2015 584,528 133,000