Agency Title: Leasehold supported living - London

For Sale / Sold: For Sale

Date Posted: 22 Oct 2024

Location: London

Guide Price: £350,000 (Business)

Business Broker: Redwoods Dowling Kerr

Reference: 51311

Description

Leasehold supported living provider registered for 7 established 3 years ago with a council contract in place.
Supplying care to service users in 1 detached property, registered for 7 and currently on full occupancy. Property 2 registered for 4 with 3 shower rooms.
All clients are currently via the local authority, via a long-term framework. 100% LA clients. Approximately 18 members of staff. Has a sponsorship licence in place.
Annual Turnover for Y.E 2024 £264,000 with an EBITDA of £64,000. Owner managed.
This is a well-established and respected home care agency which has been trading successfully for many years. It was established by the current owner. All clients are local authority funded. Ideally suited for a hands-on operator or group who are looking to expand their business due to the excellent reputation which has been built up. Strong and stable staff structure. Bids Invited. Leasehold Tenure. Ref: 51311