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Provider Of Supported Living Services Based In Wales For Sale

UK
Asking Price:
Undisclosed
Turnover:
£1,408,000
Net Profit:
£492,000

The company offers supported living accommodation for vulnerable adults under 70 with mental health issues, learning disabilities, and physical disabilities.

The business provides domiciliary support and care in homes, which are owned by the directors and funded by local authorities and health boards.

The company also offers support services to individuals living in their supported living properties, with residents having tenancy agreements for their own bedrooms and shared living areas.

Strong relationships with three local authorities and a health board.

Cornered the market for domiciliary care services in its region.

Highly trained and experienced staff team in place, all of whom will be remaining post-sale.

The company has developed an invaluable reputation due to the high quality of its four care homes. All of these homes have undergone extensive refurbishments over the last eight years.

Scope for a buyer to enter the supported living market at a high level, with room to grow into additional regions with the correct investment.

The company operates from four freehold premises, which hold a combined value of circa £1.7 million.

YE23 turnover of £1.4m with adjusted EBITDA of £492k.

Projected turnover of £1.4 million in FY24.

The business benefits from a strong profit margin, averaging 40% annually.

Turnover has increased by 85% between YE21 and YE23.

Our clients are offering the business for sale to facilitate retirement plans.

Offers invited.

Property Information

Property:

Freehold