The company offers 24-hour support for individuals with varying needs, promoting their independence and enabling them to live life to the fullest.
All staff have been fully trained to the highest standards, with ongoing training opportunities being provided to ensure they offer the optimum level of care.
Specialist care is provided to individuals diagnosed with a wide range of conditions and/or disabilities, including epilepsy, cerebral palsy, dementia, motor neurone disease, down syndrome, learning disabilities and brain injuries.
A wide range of activities are available to residents, including arts and crafts, discos and parties. The strong personal relationships are maintain between the company's staff, the individual and their family members
The business is being sold to facilitate the owners' retirement plans.
Financial Summary
YE19 turnover of £1.7m with an adjusted EBITDA of £241k.
Shareholder funds above £1.8m over the last three years.
Gross profit margin of 26%.
24% increase in gross profit between YE17 and YE19.
Investment Rationale
The property has 35 rooms, with a further 10 available for conversion.
Rated ‘Excellent’ and ‘Very Good’ at grades 5 and 6 by the Care Inspectorate Scotland.
Operates from a 25,000 sq ft property owned by the Shareholders, which will be included in the sale on a freehold basis.
Customer Overview
Care contracts are sourced through the NHS, social care organisations and private agreements.