Fully Regulated Residential Child Care Business In Staffordshire For Sale

Business description

Fully Regulated Residential Child Care Business
2:1 Specialism
Ofsted Ratings: Good/Outstanding
ISO9001

This very significant business was established by our clients over 10 years ago and provides twenty-four hour residential care for children between the ages of ten and eighteen with emotional and behavioural difficulties. With many years of residential childcare experience behind them the vendor and his team vehemently believe that small, non-institutionalised children's homes that cater for 1 - 2 young people and offer a safe, nurturing environment are the best way to help and support vulnerable and damaged young people and set up this business to provide such a service.

Centrally based in Staffordshire the business presently operates 5 safe homes and 1 independent home that offer semi-independent training in life skills, preparing young people for their move to future independent living. All the residential units are in superb condition and well equipped and meet all the necessary regulations and guidance notes as you would expect from an award winning organisation such as this. The business currently cares for 5 children and is also registered for siblings care, which means it could accommodate up to 9 if siblings groups were available.

All homes are registered by Ofsted/Care Commission and this business has been awarded either “Outstanding” or “Good” ratings thus demonstrating a high standard of accommodation and childcare. The business also holds UK ISO9001/ ICM Certification and it is also a member of The Federation OF Small Businesses.

This is a professionally managed, profitable company with a well-established and highly trained caring workforce. All staff are full time and fully committed to their roles so much so that the business does NOT need to utilise agency staff.

It has established an enviable reputation for providing a positive, safe and non-judgmental environment where young people can experience stability and find encouragement to grow and develop and work towards mature adulthood. The business takes children from social services throughout the UK such is its reputation.

Equipment:

All homes are fully equipped to a high modern standard with all the necessary fixtures and fittings and furniture to ensure the young people are best cared for. The business also has vehicles to enable the safe transportation of children .

Quality Assurance:

As already stated all homes are registered by Ofsted/Care Commission. The business has been awarded either “Outstanding” or “Good “ ratings buy Ofsted thus demonstrating a high standard of accommodation and childcare. It also holds the ISO9001 Accreditation. As part of this the business has comprehensive internal procedures and policies documentation, copies of which are located within all their residential homes.

Key Strengths:

This very well established business has built up excellent relationships with the Health Boards and Social Services departments who regularly use its services. Such is its reputation that it has a substantial waiting list for young people who need the comprehensive services this business provides. It offers and delivers services to the young people in a flexible way that encourages and promotes the development of skills both practical and personal which are necessary for successful independent life in the community in the future.

They develop open and honest channels of communication with all professionals involved with the child.

The accommodation is impeccable, the staff and management team are all suitably qualified and committed, so much so that the vendor has no need to work within the business. Most have been with the business for many years and there is no shortage of applicants who wish to be employed by this business such is it standing in the community.

The business has all the necessary ratings and accreditations to ensure future well being for the children it cares for not to mention the new owners.

Commercially this is a niche market requiring very specific and demanding skills and as such the fee income is both consistent and high.

Clients:

The referrals come from, Local Government Special Education / Needs Departments, and Social Services Departments throughout the UK. (England, Scotland and Wales)

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business currently achieves turnover of circa £776,000 p.a. Resultant EBITDA circa £160,000 p.a. The freehold properties are values at circa £400,000. Full financial details can be provided subject to completion of Turner Butler Confidentiality Agreement.

Property information

Property:

Freehold

Location:

Full details of the 6 residential properties can be provided upon request. Three of the properties are freehold (combined value circa £400,000. These properties are included within the asking price). The other 3 properties are rented. It is understood suitable new leases could be made available to a new owner.

Business Operation

Expansion potential:

There is a significant and growing demand for this specialized residential care. The business has a clear strategy for growth based on the absolute knowledge of increasing demand for its unique services. There is a consistent/ growing demand for beds.

Competition / Market:

The business has never had the need to advertise such is the demand for its care services. It does have an informative website that it built on the request of social services so the children had a reference point to look at.

Trading hours:

Office Hours Monday – Friday: 0900-1700 plus out of hours number

Residential care is 24/7 365 days a year.

Employees:

The owner is NOT required to work within the business such is the structure and quality management in place. The following staff are employed full time within the business unless: 2-Registered Managers 5-Deputy Managers 15- Care workers (3 per deputy) All staff are suitably qualified and have many years experience. They provide residential care for the children on a 24 hour basis.

Years established:

2001

Other information

Support & training:

A comprehensive handover is available and the time frame can be agreed as part of the sale transaction.