Agency Title: UNDER OFFER Well Established Domiciliary Care Agency

For Sale / Sold: For Sale

Date Posted: 15 Feb 2024

Location: Greater Manchester

Guide Price: Offers invited (Business)

Business Broker: Axis Partnership

Reference: 7131

Description

• 5 YR Frame Work Agreement
• Retirement Sale
• Good CQC May 2023
• Long-standing care staff
• YE Dec 23 Turnover c£1,425,727
• YE Dec 23 EBITDA c£176,036
• Billing AVG £27,000 P/W
• NMW & Travel Time compliant
Offers Invited For 100 % Share Transfer
The Business:
This domiciliary care agency is registered to provide personal care to people in their own homes, providing support to people living in a key location in NW England. The current owners started the business following 10 years working in the care sector. The business has since developed a good reputation for providing quality professional care with an excellent team of long-standing staff who share the values of care and professionalism that the owners founded the business on. The turnover of the business has grown year on year, thanks to its good name, and continued good care. The last CQC inspection was May 2023 rated overall GOOD. They have been awarded a new 5-year block contract with a one/two-year top which started in April 2022. They also have an unutilised contact for another LA as potential growth which borders to their office.

They provide a wide range of care and support services tailored to meet the customers’ individual needs and preferences in two local authority areas where they are approved providers. There is no limit to the type of support they offer, which can range from personal care, specialist care, respite care, and domestic assistance to providing social companionship.
This is an excellent opportunity for an incoming owner to expand the business, capitalizing on the business name and available work in the local market and bordering authorities of which there are three, with the right investment.