Agency Title: 50804 Home Care Provider- West Scotland

For Sale / Sold: Sold

Date Posted: 02 Apr 2024

Location: Lanarkshire

Guide Price: £550,000 (Business)

Business Broker: Redwoods Dowling Kerr

Reference: 50804

Description

- Annual Turnover of £707,345 with an EBITDA of £263,473 for year-end 2024.
- Strong Year-on-year growth, with the business growing to 700 care hours (up from 600 last year).
- The owner has minimal involvement in the business due to focusing on their other business (different sector).
- Just won access to a Framework which secures over 65% of their revenue for the next 10 years

The company is well-established in the region and is on two Care at Home Support Service tenders with local authorities.

Our client employs over 25 employees including a team leader with those leaving the business providing a handover period, subject to terms.