Agency Title: UNDER OFFER - High Quality Homecare Business

For Sale / Sold: Sold

Date Posted: 03 Apr 2019

Location: West Midlands

Guide Price: Open to Offers (Business)

Business Broker: Axis Partnership

Reference: 7185

Description

High Quality Homecare Business

Location – Shropshire

Axis Reference 7185


• Contracts with 3 LA’s
• Employed RM in Place
• CQC rating ‘Good’
• Circa 60 Service Users
• Circa 800 Hours pw.
• Good Client Mix of Private, NHS & Local Authority Clients
• Great Reputation
• Good Management Team in Place


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Offers Invited for a 100% Share Transfer


The Business: The business was established in 2006 by the current vendors.

The business is well established and has built solid relationships with local authorities, social work teams and the general care sector in their area.

The care team in place deals with a wide spectrum of service users, tailoring the packages dependent upon the needs of their clients which range from general support of just a few hours per week to 24 hour care with more complex support requirements.

Overview of Key Financials
2016 2017 2018 2019*
Turnover £1,038,613 £976,712 £851,571 £950,000
Gross Profit £247,285 £229,819 £152,843 £200,000
Operating Profit £70,974 £103,297 £38,216 £100,000

*2019 is estimation based on current performance