Featured Brokers
CONFIDENTIAL SALE
UNDER OFFER
15/02/24
606829
7131 / Rightbiz
· 5 YR Frame Work Agreement
· Retirement Sale
· Good CQC May 2023
· Long-standing care staff
· YE Dec 23 Turnover c£1,425,727
· YE Dec 23 EBITDA c£176,036
· Billing AVG £27,000 P/W
· NMW & Travel Time compliant
Offers Invited For 100 % Share Transfer
The Business:
This domiciliary care agency is registered to provide personal care to people in their own homes, providing support to people living in a key location in NW England. The current owners started the business following 10 years working in the care sector. The business has since developed a good reputation for providing quality professional care with an excellent team of long-standing staff who share the values of care and professionalism that the owners founded the business on. The turnover of the business has grown year on year, thanks to its good name, and continued good care. The last CQC inspection was May 2023 rated overall GOOD. They have been awarded a new 5-year block contract with a one/two-year top which started in April 2022. They also have an unutilized contact for another LA as potential growth which boarders to their office.
They provide a wide range of care and support services tailored to meet the customers’ individual needs and preferences in two local authority areas where they are approved providers. There is no limit to the type of support they offer, which can range from personal care, specialist care, respite care, domestic assistance to providing social companionship.
This is an excellent opportunity for an incoming owner to expand the business, capitalizing on the business name and available work in the local market and bordering authorities of which there are three, with the right investment.
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
The data showed regarding this advert 'UNDER OFFER Greater Manchester based Well Established Domiciliary Care Agency - 7131 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.