Agency Title: SOLD Versatile Domiciliary Care Agency

For Sale / Sold: Sold

Date Posted: 15 Jan 2021

Location: Shropshire

Guide Price: Offers invited (Business)

Business Broker: Axis Partnership

Reference: 7216

Description

• C. 350 Care Hours P/W • 2020 T/O £428,238
• C. 34 Service Users • Operating Profit £93,832
• C. 20 Care Staff • Strong YoY Growth
• 70% Private Clients • Ideal Bolt On

Offers invited for a Goodwill & Asset Purchase

The Business:
This well-run and versatile agency was integrated into the Directors larger group in 2015, over the past 5 years the business has grown significantly and has become well-established in its local area. They are renowned for maintaining an exceptionally high standard of care and focus predominantly on self-funded clients. Advertising is never necessary as clients are generated by word of mouth and referrals; it is not uncommon for the business to have a waiting list.
The company prides itself in delivering consistent, high-quality, and compassionate care, tailored to suit each service users’ specific needs. The business currently provides domiciliary care services to the elderly including:
• Personal Care
• Morning and evening routine Assistance
• Domestic Services & Home Help
• Shopping & Meal Preparation
• Assistance with medication

Customers:
At the time of writing the business provides approximately 350 hours per week of Domiciliary Care to 34 service users of which 70% are self-funded and the remaining are CCG.

Staff:
The vendor is fortunate to have a dedicated and experienced Registered Manager in place who coordinates a loyal workforce of carers who are all employed with variable hours contracts. The exiting director is not routinely involved day-to-day, they hold an overall governance role.