Featured Brokers
CONFIDENTIAL SALE
FOR SALE
08/02/24
606477
153536 / Rightbiz
The company is a Care Quality Commission (CQC) registered provider of care and support to adults with disabilities, autism, associated conditions, and complex needs, assisting them to lead fulfilling, happy lives, access learning and development, and integrate and engage with the community.
Priding itself on its exceptional care services and high levels of in-house expertise and knowledge, the company supports and encourages all of its staff to complete their QCF level 2 and 3 Care Certificates.
The company is now being offered for sale to facilitate relocation plans and enable a change of professional focus for the Director.
Offers invited.
Key Highlights
- Has maintained a ‘Good’ rating from CQC in all areas since inception.
- Strong relationships in place with a number of local authorities.
- Experiences a high retention rate, with many service users having remained with the company for three years or more.
- Dedicated second-tier management team in place that can oversee daily operations and drive business development independently, providing a turnkey opportunity.
- Has acquired a sponsorship licence with the Home Office and holds 12 work permits in total, which has assisted the company with maintaining a stable staff team and provide consistent care.
- Operates from one leasehold and five freehold supported living homes.
- Establishing further supported living homes will continue to assist with the company’s expansion in revenue and geographically.
Financial Highlights
- Turnover in excess of £1.7m in YE23 with an adjusted EBITDA of £423k.
- Outturn for YE24 of circa £2.1m with an adjusted EBITDA of £589k.
- Projected increase in turnover of 70% between YE20 and YE24.
- Increase of 69% in adjusted EBITDA in the same time period.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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