Agency Title: Care Agency - Under Offer

For Sale / Sold: Sold

Date Posted: 01 Nov 2018

Location: Leicestershire

Guide Price: Open to Offers (Business)

Business Broker: Axis Partnership

Reference: 7176

Description

Care Agency for Sale

Location – Leicestershire based - Axis Reference 7176

• 85% Private & Direct Payment
• 2018 CQC rating GOOD • Ideal Bolt On
• Avg 365 Care Hours per Week
• 35 Service Users • 14 Carers
• T/O £310,824 • Operating Profit £63,876
Offers Invited for Goodwill & Asset Sale
Business


The business has been established for just over three years and offers its services to the Elderly, Physical disability, Dementia, Young adults and Complex. The areas that are considered of strength for the business is its staff. The carers and management have a good reputation, are reliable and trustworthy. They provide continuity of care.

Charge Rates

The Company has a contract with the County Council and is paid £15.90 per hour for care in accordance with the contract, which is 5 of the of the 35 clients

Private Clients and Direct payment Clients are charged at £16.00 per hour, with recent new cases now being charged £17.00 per hour.

Financials

Turnover Operating Profit
Year End October 2017 £310,824 £63,876
Year End October 2016 £130,925 £18,256


Client Mix

Local authority – 15%
Direct Payment – 40%
Private clients – 45%