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24hr Supported Living & Specialist Forensic Care Provider For Sale

Southampton, Hampshire, UK
Asking Price:
£595,000
Turnover:
£968,237
Net Profit:
£217,245

REQUEST CONFIDENTIALITY AGREEMENT

24HR SUPPORTED LIVING & SPECIALIST FORENSIC CARE PROVIDER SOUTH HAMPSHIRE
Latest CQC Inspection report 2018 rated “good” & “outstanding”
Specialises in high-quality 24hr care services
Mental health; learning disabilities and forensic care inc. a domiciliary Care Agency
25 long-serving & skilled employees
70% of revenue paid by NHS; 30% by social services
Annual revenues £968,237
Adjusted net profits circa. £217,000 per annum

Business:
The clients live in South Hampshire. The domiciliary agency is registered to support the elderly, learning disabilities, mental health, addiction, eating disorders which opens up potential for increasing income.

CQC Ratings 2018
Is the service safe? Good
Is the service effective? Good
Is the service caring? Good
Is the service responsive? Good
Is the service well-led? Outstanding

BUSINESS PREMISES:
(all sizes are approximate & should be considered 'nominal'.)
Full time care is provided to four clients who are cared for in their own homes. Our Client also owns a 3 bedroom detached property in which two clients are accommodated and for whom forensic care is provided 24 hours a day, 365 days per year. The vendor will provide a lease on favourable terms to the buyer.
Note: Where items of equipment and appliances are mentioned, no warranty is given or implied as to their operational condition.

FINANCIAL SUMMARY:
Year End 31 March 2022
TURNOVER £968,237
COST OF SALES £28,732
GROSS PROFIT £939,505
ADJ. NET PROFIT £217,245
Please note all figures exclude VAT.

STAFF:
There are 25 experienced, well-trained employees who have worked with our Client over the past 2 to10 years.

LEGAL FEES:
Vendors and Buyers each to meet their own legal costs,

COMMENTS:
Our client wishes to develop an unrelated venture which creates an exciting opportunity for a Registered Manager to acquire an established, highly regarded and profitable care business. Detailed financial information will be made available to seriously interested purchasers after they have met with the current owner.

MEETING THE OWNER
If you wish to discuss this business opportunity in greater detail, or arrange an appointment with the Owner, please call Nick on to request a Confidentiality Agreement for signature prior to release of additional information including full accounts or arranging a viewing.

Property Information

Property:

Leasehold

Lease Terms:

The vendor will provide a new lease on favourable terms to the buyer.

Living Accommodation:

Full time care is provided to four clients who are cared for in their own homes. Our Client also owns a 3 bedroom detached property in which two clients are accommodated and for whom forensic care is provided 24 hours a day, 365 days per year. The vendor will provide a lease on favourable terms to the buyer.

Location:

Full time care is provided to four clients who are cared for in their own homes. Our Client also owns a 3 bedroom detached property in which two clients are accommodated

Premises Details:

Our Client owns a 3 bedroom detached property in which two clients are accommodated and for whom forensic care is provided 24 hours a day, 365 days per year. The vendor will provide a lease on favourable terms to the buyer.

Business Operation

Reasons for selling:

Our client wishes to develop an unrelated venture which creates an exciting opportunity for a Registered Manager to acquire an established, highly regarded and profitable care business. Detailed financial information will be made available to seriously interested purchasers after they have met with the current owner.

Trading hours:

24 Hour care services

Employees:
25
Years established:
2009

Contact Adams & Co

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