Agency Title: 51083 Complex care provider – West Midlands and Southwest

For Sale / Sold: Sold

Date Posted: 21 Jun 2024

Location: West Midlands

Guide Price: Offers Invited (Business)

Business Broker: Redwoods Dowling Kerr

Reference: 51083

Description

- The business offers a variety of care services such as acquired brain injuries, spinal cord injuries, long-term conditions and ventilation. - They provide approximately 1,300 hours of care per week.
- Operating across two locations, the business has a dedicated nurse manager at each location. The management team consists of a QA nurse and a recruitment manager. Additionally, the business operates with c.60 healthcare assistants (HCAs).
- The business is currently operating with ten active clients with 60% being NHS funded and 40% being private insurance payouts. Fees for services offered range between £25 and £45 an hour.
- Turnover of £2m for year-end 2023. Adjusted EBITDA in excess of £250k for year-end 2023.
- The business is a nurse-owned and nurse-led care provider, that has been trading for two years and has an overseas sponsorship licence.