Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Well-established Home Care Agency In Surrey For Sale

Surrey, UK
Asking Price:
£1,500,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£1M - £5M
Net Profit:
Available on request

Home care agency for sale. Established over 15 years ago and operates from two locations in the home counties. Turnover is between £1.6m and £2m.

EBITDA post sale of circa £330k with potential to increase this to £415k depending on the circumstances of the purchaser and their desire to make savings.

Full management team in place with no input from the current owners. The infrastructure is in place to increase turnover by 50% without incurring any additional overheads.

Sale is to allow the current owners to concentrate on other projects.

The business would suit someone new to the market as there is a full team in place. It would also suit an established company that would like to enter 2 of the south of England's most prestigious market towns with access to private clients.

Property Information

Property:

Leasehold

Lease Terms:

There are 3 premises. 2 Have a break in the lease early 2025. The third lease runs to 2026

Location:

Operates from high street location and from an office

Premises Details:

There is currently an excess of property space which can be downsized within the next 12 months

Business Operation

Expansion Potential:

There is almost unlimited scope for expansion. The current business could grow by at least 50% without incurring any additional overheads, as significant investment has been made to get the right team and platforms in place.

Competition / Market:

There is limited competition in both locations and the elderly care market is a growing sector

Reasons for selling:

The owners do not work in the business and wish to sell so they have invest into other business interests

Employees:
60
Years established:
>15

Other Information

Support & training:

To be discussed

Furniture / Fixtures value:
£100,000 - included in the asking price
Inventory / Stock value:
£15,000 - included in the asking price
Relocatable:
This business can be relocated.