Agency Title: UNDER OFFER Specialist Domiciliary Care Company - 7060

For Sale / Sold: Sold

Date Posted: 04 Sep 2015

Location: North Yorkshire

Guide Price: Offers Invited (Business)

Business Broker: Axis Partnership

Reference: 7060

Description

This domiciliary care company is registered to provide personal and nursing care to children and young adults in their own homes and other community sites, providing support to clients and their families with behavioural, learning, physical disabilities and complex medical needs.

The current owners started the business following 10 years working in the care sector. The business has since developed an outstanding reputation for providing high 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 excellent name, and continued high quality care. The last CQC inspection found that they had met all the required standards.

Clients: Currently averaging over 1,500 chargeable hours per week, with 53 service users, the business has a healthy mixture of local authority and privately funded service users. 22% of the income comes from local authorities and 68% is through NHS (CCGs) which is invoiced weekly. 9% from private sector payments invoiced separately on a monthly basis.

Good name, through continued good care
Retirement Sale
Local Authority Approved Providers
Long-standing care staff
Turnover c. £950,000
EBITDA of £240,000
Average weekly hours 1,500
Highly trained Staff, High Staff Retention.