For sale - General Retail
Unusual opportunity to acquire this well-established leading franchisee providing domiciliary care services across a broad range of needs.
Based in the Thames Valley with a Head Office establishment of 6 plus c50 Care Providers, all domestic care needs are covered to a client base split evenly between private and Local Authority. Clients also number c60, the majority being long term, with great emphasis given to the quality of both staff and the care they provide. As such, longer visits are normally provided and good rostering is in place to ensure consistency of care allocation to allow relationships to build. This results in excellent retention of both staff and clients. Testimony to this is that most new clients are referred or come via word of mouth, and little other active marketing is undertaken.
The last CQC rating in December 2015 was “Good”, with only a few minor aspects preventing this being “Excellent”.
This is at the premium end of care providers so charge out rates are good, and staff already paid at living wage rates. Sales are £1m with a 20% adjusted net profit. There is a significant proportion of both live in care and over nights, giving a high percentage of billable hours booked forwards.
The acquirer will need to adopt the CQC registration, and be approved by the Franchisor, who is a well-known, upper end care provider and a well-respected Franchise System. This branch was awarded their Franchise of the year last year.
Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.
Viewing Arrangements All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. For an appointment to view, please ring Kevin Stokes
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information
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