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Privately Owned Home Care Agency For Sale

Lincolnshire, Lincolnshire, UK
Asking Price:
£159,995
Turnover:
£279,382
Net Profit:
Available on request

Business
Please quote reference B06075

Hilton Smythe welcomes to the market an exciting opportunity to acquire, on a Leasehold basis, an exceptionally well run and performing, privately owned home care agency. The business has been in operation since 2000 with our clients taking ownership late 2008. They have enjoyed continued success over the years, but feel it is now the right time to take well deserved retirement from the industry.

The business provides carers directly to the general public and offer services such as Adult Home Care (18+) Personal Care (on a contracted hours basis), Personal Care Assessments, Risk Assessments in the Home and offer the following care packages in call in service, cancer care cleaning service, companionship, dementia, domestic services / home help, elderly care, food preparation and serving, high dependency care, two carers attending hospital discharge, laundry service, medication assistance, mental health condition, palliative care along with many more.

The business works with 50 client’s average hours of care around 275 per week, covering 3 main areas in Lincolnshire. They are the prime care company in these areas and predominantly work with a client waiting list.

The business currently operates from a small office set up in a community building that deals with all rostering of the staff with the business employing 15 care staff all contracted, along with the current owners who do administrative and care calls.

We feel there is scope to increase turnover as there is little to no competition in the local area, along with introducing a dedicated business website to highlight and promote the business further to attract new clients.

A tremendous opportunity to own this turnkey business, and early enquiries must come highly recommended to avoid disappointment.

CQC AWARDED OVERALL OUTSTANDING

Location
The business office is located in Lincolnshire.

Premises
The business rents an office in a large community building at a monthly rent of £300, which covers internet, electricity with no business rates payable.

The sale of the business also includes the following equiptment;

2 x computers and printer systems.
2 x desks
2 x chairs
Cabinets and File shelving, along with the rostering software and extensive client database.

Tenure
We are advised that the business is being sold on a Leasehold basis, with the current lease due to expire in 2021. The rent is £300 per month, with £0 rates payable.

Hours
The business hours are varied to meet the needs of their clients.

Staff
We are advised that the business is owners ran and managed, with the help of 18 full timeand 1 part time members of staff.

Financial Profile
We are advised that as per the 2020 accounts, the business generated a turnover in the region of £280,000. Full financials can be made available upon further request.

Please quote reference B06075

Property Information

Property:

Leasehold

Contact Hilton Smythe

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