Agency Title: 50510 Well established Domiciliary Care Company - South West England

For Sale / Sold: For Sale

Date Posted: 16 Jul 2024

Location: Cornwall

Guide Price: Bids Invited (Business)

Business Broker: Redwoods Dowling Kerr

Reference: 50510

Description

The business offers general domiciliary including Personal, Dementia or Alzheimer's care, shopping, escorting to shops and GPs etc. Founded in 1993 and has been operating since.
Well-established in their region, covering a large area of the county and with a great reputation with it being rated "Good" by the CQC.
Forecast turnover of £2,764,263 for year-end Feb 2025 with an adjusted EBITDA of £519,701
Hours of care per week: 1700 hours per week.
Local Authority is 70%, 15% NHS and 15% private clients.
Current fees: £26.08 -£29.50 per hour.
Run by a team of highly motivated staff as well as a loyal and caring management team. Fully qualified RM in place.
Forged strong relationships with local authorities and external agencies. The new contract with Cornwall County Council is due to start in September 2024.
Sponsorship license in place.