Buy a Care Home Providing Residential Care For Young People business for sale in Stoke-on-Trent on BusinessesForSale.com

  • Listing ID: 887689
  • (Seller ref: RB0339)

Care Home Providing Residential Care For Young People For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£1m < 5m (Furniture / Fixtures included)
Sales revenue:
£500k < 1m
Cash flow:
Available on request
Years established:
10
Employees:
20

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Established in 2001 and showing year on year growth this Company provides residential care for children and young people who, for various reasons, are unable to live at home or with relatives or friends.

Specialising in 'hard to place' children, between the ages of 7 and 18, most of the children who are referred to this Company will exhibit some challenging behaviours that are prime factors in their need to be looked after away from their home.

The business model adopted by the company allows them to be profitable with single occupancy placements. This gives this Company a distinct business advantage and they have been able to exploit that advantage with great success since 2003.

This Company is not dependent upon any particular purchaser of children's residential care and offer services to all Local Authorities in England and Wales.

In the past this Company have had placements from Sheffield, Conwy, Nottingham, Rotherham, Stoke on Trent, Derby, Wolverhampton, Shropshire, Manchester and Bolton.

Their reputation is such that it is often recommended by word of mouth between different Local Authorities, Social Workers and through recommendations from The Commission for Social Care Inspection.

They are currently an approved and contracted preferred provider of children's residential care for Manchester, Humberside, Rotherham, North Yorkshire, East Riding, North East Lincolnshire and Wakefield, with signed contracts and execution statements in place.

The homes are all located near the city centre of Stoke, close to all amenities.


Property:
Freehold
Location:
The homes are all located near the city centre of Stoke, close to all amenities and are within 10 minutes driving time of each other.
Premises details:
The properties are a mixture of rented homes and freehold.

Expansion potential:
Nearly all the properties are registered for multiple occupancy, although all have one resident currently.

An opportunity exists for an acquiring company with a more focused marketing approach to leverage the Company’s substantial reputation into increased revenues.

The Company spends a minimal amount each year on marketing. A concise marketing plan would generate increased awareness and additional revenue.
Support & training:
This Company has two registered managers that are more than capable of overseeing all day to day running of the company and taking the company forward into expansion within the local area. The business currently employs a friendly, loyal, and respected workforce of twenty staff. All the staff are qualified to a standard above that of the national occupational minimum level, and training is ongoing to ensure that the workforce continues to develop professionally
Reasons for selling:
The owner plans to concentrate on his core business.
Trading hours:
24/7
Related documents:

For more information about this business for sale, click the Contact Seller button.


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