Agency Title: Project Baron - South East - 47024

For Sale / Sold: Sold

Date Posted: 03 Jun 2019

Location: South East England

Guide Price: Offers Invited (Business)

Business Broker: Redwoods Dowling Kerr

Reference: 47024

Description

Redwoods Dowling Kerr proudly presents Project Baron, which represents the opportunity to acquire an established domiciliary care provider operating in the South East of England across 3 settings, Norfolk, Essex, and London.

Project Barron was established in 2006 and has successfully operated for more than a decade. The business caters for the delivery of complex and palliative home care to both children and adults, specialising in the care of ventilated patients.

Project Barron has strong relationships with local authorities and receives circa 90% of its clients from NHS referrals. There is scope to develop both the private and public side of the business further.
The business is now being offered for sale due to the pending retirement of the vendors who leave in place a successful and profitable business with a renowned reputation and the potential to expand under the right ownership.
An overview of the opportunity is as follows:

• Turnover exceeding £4 million for year ending August 2019
• Adjusted EBITDA of £384,000 for year ending August 2019
• Currently cares for over 50 patients
• Care Quality Commission rating of “Good”
• ISO 9001 Accredited
• Robust and autonomous organisation structure in place with a team of dedicated and experienced care professionals
• Head Office capable of being relocated
• Long established care facility with a renowned reputation and the potential to expand


The business is now being offered for sale due to the pending retirement of the vendors who leave in place a successful and profitable business with a renowned reputation and the potential to expand under the right ownership.