Residential Care and Supported Living Services for Adults

Offers invited.

Key Highlights

– Has developed long-standing relationships with all of the local authorities in the area.

– Highly experienced second-tier management team in place that can operate independently of the Directors, providing a turnkey acquisition.

– Excellent workplace culture facilitates an extremely high staff retention rate.

– Two freehold residential care premises included in the sale.

– Establishing more supported living homes to meet the rising demand and preferences of local authority clients would ensure continued growth.

– Would benefit from hiring a Business Development Representative to assist the company in setting up new services, as well as pursuing other avenues of growth.

Financial Highlights

– Turnover in excess of £1.8m in YE23 with an adjusted EBITDA of circa £360k.

– Good forward revenue visibility due to local authority contracts.