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Residential Care And Supported Living Services For Adults For Sale

Devon, UK
Asking Price:
On request
Turnover:
£1,875,000
Net Profit:
£359,000

The company operates two residential care homes and manages five supported living properties, providing expert care and support to adults between 18 and 65 with autism, learning disabilities, and associated health problems.

Priding itself on its outstanding care provision, the company was rated ‘Outstanding’ by the CQC during its last inspection.

The business is now being offered for sale to facilitate the Directors’ retirement plans.

Our clients are open to all types of structured deals subject to terms.

Offers invited.

Key Highlights

- Has developed long-standing relationships with all of the local authorities in the area.

- Highly experienced second-tier management team in place that can operate independently of the Directors, providing a turnkey acquisition.

- Excellent workplace culture facilitates an extremely high staff retention rate.

- Two freehold residential care premises included in the sale.

- Establishing more supported living homes to meet the rising demand and preferences of local authority clients would ensure continued growth.

- Would benefit from hiring a Business Development Representative to assist the company in setting up new services, as well as pursuing other avenues of growth.

Financial Highlights

- Turnover in excess of £1.8m in YE23 with an adjusted EBITDA of circa £360k.

- Good forward revenue visibility due to local authority contracts.

Property Information

Property:

Freehold