Agency Title: UNDER OFFER Domiciliary Care Agency

For Sale / Sold: Sold

Date Posted: 23 Jan 2023

Location: Isle of Man

Guide Price: Offers invited (Business)

Business Broker: Axis Partnership

Reference: 7240B

Description

• 2023 T/O £1,306,000
• EBITDA c£292,000
• 90 Service Users & 59 Carers
• c.1700 Care Hours P/W
• 95% of Private Clients
• Strong YoY Growth
• Dual Registered
• Stand Alone or Bolt On

Offers invited for 100% Share Purchase

The Business:
The business has grown organically over the years and has become renowned locally for providing a very high standard of care. The business currently provides care and support to clients with a variety of needs these include the provision of live-in care, sleep-in care, waking nights, 24-hour care, hourly care, respite care, Dementia care, domestic support, complex care, palliative care, and hourly care. The business is dual registered to also look after children with disabilities.

Ideal Buyer:
We feel that this business is best suited to an owner-operator looking to become their own boss, with the advantage of the Isle of Man Tax benefits. Alternatively, the business would suit a larger company looking to expand onto the island or a local operator keen to gain increased market share based on the demographics of the island.