Agency Title: High Quality Domiciliary Care Agency - 7086
For Sale / Sold: Sold
Date Posted: 06 Jun 2016
Location: London
Guide Price: Open to Offers (Business)
Business Broker: Axis Partnership
Reference: 7086
Description
High Quality Domiciliary Care Agency
Greater London / Essex - Axis Reference 7086
Turnover 2015: £700,000
Adjusted Ebitda: £102,000
Offers Invited for a 100% Share Purchase
The Business: has been operating since 2000 and provides Home Care and Personal Care Services. The Agency has developed and grown to become a well renowned provider of domiciliary care in the Greater London / Essex area. The Agency is now invoicing an average of c1000 hours per week, and this turnover is mainly Local Authority.
Key points
• Established for 16 Years
• Stable Profit level
• Unrivalled Reputation
• Fully Trained And Experienced Staff
• 98% Local Authority
• UKHCA and CQC Accredited
Clients: Currently there are 50 service users, the majority of these are derived from the Local Authority. The turnover is split between Local Authority 98%, NHS 1%, and Private clients 1%. The business has a very good reputation in the area for the level of care that’s provided, both with Service Users and the Local Authority.
In summary this growing business presents an attractive proposition as a ‘bolt on’ for an existing healthcare agency to quickly bolster their portfolio, or to someone looking for a stable business with a strong platform for expansion. The shareholder’s focus is mainly on retirement, so this business will really flourish with the right level of desire and commitment of an incoming purchaser.
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