Agency Title: Quality Homecare Business with Private Clients UNDER OFFER

For Sale / Sold: Sold

Date Posted: 13 Mar 2019

Location: Hertfordshire

Guide Price: Open to Offers (Business)

Business Broker: Axis Partnership

Reference: 7142

Description

Quality Homecare Business
Private Clients

Location - Hertfordshire

Axis Reference 7142

• Strong and Experienced Team • Great Reputation
• Private Clients- c.430 hour’s p/w • 65 Service Users
• Members of UKHCA & HCPA • Retirement Sale

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Offers Invited for a Goodwill and Asset Purchase

The Business: The business was established in 1994 by the current vendors and trades as a partnership.

The business has established a strong reputation for the quality of care provided to its customer base, enabling them to retain some independence whilst remaining within their own home.

There is a Manager in place who manages most of the day to day operations and would comfortably be able to move into the Registered Manager role.



Key Financials:

YE Sept 2015 YE Sept 2016 YE Sept 2017*

Turnover £703,866 £664,036 £610,000

Gross Profit £367,125 £345,738 £292,000

Operating Profit £176,385 £138,819 £106,500

EBITDA £184,254 £146,966 £114,000

Adjusted Ebitda £167,500 £130,000 £97,000

* Estimated based on 8 month management accounts annualised

Offers invited for a Goodwill and Asset Purchase