Reference: BMB10621
Activities: Residential Care Home
Location: South West of England
Turnover: £1,000,000+ (FY 2021-2022 Forecast)
Business Overview
BuyMyBiz is exclusively retained to find a purchaser for this profitable Residential care home. Established for over 30 years, the business is located near a seaside town providing a range of care solutions for the Elderly (over 65’s)
Established Business with Experienced Team
In addition to offering Residential care, the business also specialises in:
Dementia Care
Respite Care
Day Care for Elderly in the Community
Advice & Support for Families
The vendors are currently supported on the day-to-day business by an experienced Manager and loyal workforce of 30+. The vendors are open to a full and mutually agreeable handover period.
25 bed facility with possibility of expansion with freeholders permission
Reason For Sale
Our clients have built a solid and profitable business which is highly regarded locally with an excellent reputation. They are looking to retire and believe the future business would be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward.
The Opportunity
We seek an acquirer with sector experience and resources for this acquisition. Consideration will also be given to new buyers, and buyers with strong market synergies looking for a ‘bolt-on’ that can add value to the existing business.
Profitable Business
Solid Goodwill & Reputation
Established Brand & Business Process
Leasehold Premises
90% of business from Referrals / WOM
Bolt-On Opportunity
Experienced Manager
Loyal Workforce
Price
Offers are invited for 100% of the business assets and goodwill
(All offers to be based on a cash free/ debt free basis)
The Next Steps
On completion of our non-disclosure agreement and supporting information, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.