BuyMyBiz - Residential Care Home Business For Sale [BMB10621]

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