Agency Title: UNDER OFFER Well Regarded West Essex based Domiciliary Care Provider

For Sale / Sold: Sold

Date Posted: 28 Oct 2022

Location: East of England

Guide Price: Offers invited (Business)

Business Broker: Axis Partnership

Reference: 7260

Description

• 2022 T/O £696,632
• 2022 EBITDA c.£70,000
• 41 Service Users
• Strong YoY Growth
• 29 Carers
• Avg. 590 Care Hours P/W
• 96% of Local Authority Clients
• Retirement Sale

Offers invited for 100% Share Purchase

The Business:

Run by the current owners for over 20 Years the business provides professional and reliable domiciliary care in the community to service users who are mostly over 65 and living with a variety of needs including:-

• Dementia
• Respite Care
• Learning Disability
• Social Activities & Shopping
• Domestic Cleaning

The agency works primarily as a spot provider for two local authorities and the NHS/CCG as the need may arise.

Customers:

At the time of writing the business provides on average 590 hours per week of care to 41 service users who at the time of writing are mostly elderly and living with Physical Health difficulties or Dementia.

The funding source is split as follows:-

Local Authority 1 = 79%
Local Authority 2 = 17%
Private = 4%