Based in Wales
The company is the operator of several semi-independent homes for young people aged 16–20 in Wales, offering space for circa 72 young people via a framework that provides access to local authorities.
Homes support young people open to social services, including care leavers, unaccompanied minors, and those experiencing homelessness, providing a safe and supported environment where young people can feel comfortable and pick up life skills that will help them to become independent.
The shareholder is offering the business for sale as they wish to explore other, unrelated opportunities.
Offers invited.
Highlights
Provides placements for 12 local authorities.
Benefits from a steady stream of repeat business due to the high level of demand for each place
Circa 10 new referrals received each week via its framework agreement.
Scope to expand upon its current client base through the frameworks already in place.
Sponsor licence in place with the Home Office.
Experienced management team in place.
Operates from several properties across Wales.
Financial Highlights
Turnover of £3.6m, with an adjusted EBITDA of £671k.
Projected turnover of £3m, with an adjusted EBITDA of £675k.
