Agency Title: Flourishing North Essex Based Domiciliary Care Agency

For Sale / Sold: Sold

Date Posted: 07 Oct 2021

Location: Essex

Guide Price: £120,000 (Business)

Business Broker: Axis Partnership

Reference: 7235

Description

2022 T/O £507,106
EBITDA c.£90,000
34 Service Users & 21 Carers
c. 340 Care Hours P/W Average
74% of Private clients
Strong YoY Growth
Care & Training Managers in place
Ideal Bolt-on or Stand Alone

100% Share Purchase

The Business:
This robust business has grown organically over the years and has become renowned locally for providing a very high standard of care. They pride themselves in ensuring every client is treated as an individual and that they can encourage and support those clients to promote greater independence and dignity. The company currently provides care and support to clients who are mostly over 65 with a variety of needs which include those living with Dementia, Physical Disability and Sensory Impairments. They also offer Social Support such as companionship, mental awareness stimulation, pet care and sitting services.

Whilst focusing predominantly on Private Clients, the company also has a good working relationship with their local authority and CCG. They are an approved ECC spot provider which enables them to effectively manage their workload and ensure continuity of care, this also allows them to set their own rate per client.

Customers:
At the time of writing the business provides on average 340 hours per week of care to 34 service users, over 70% of whom are self-funded. The remaining are a combination of Local authority funded clients and NHS.