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Phoenix is delighted to place onto the market this very well This business was established in 1986, by our clients who are a husband and wife team. They offer residential and some day care for adults with learning disabilities. They deal with residents who are aged 35 and above.
The business employs 10 full and part time staff who are all qualified as well as a manager who is undergoing training in order to run the business on a full time basis. One of the owners is involved in the business on a full time basis and the other part time.
In all there are 13 bedrooms offered for residents and the business enjoys virtual full occupancy. All of the residents have alternate day care arrangements between 9.00am and 4.00pm and are looked after by the concern on a full time basis outside those hours and week ends.
All of the residents are social services our clients have not tried to break into the private market.
presented and profitable learning disabilities home.The business is extremely profitable with turnover in excess of £300,000 and staff wages including management is in the region of £100,000. The net profit is a very impressive £140,000 for this year. The premises itself have been recently re-furbished with a new fire alarm system and double glazing throughout.
The concern has huge potential especially by tapping into the private sector. At present the average fee per resident is in the region of £500 - £600 although that could easily be increased and has not been reviewed for many years.
Our clients would be available for a business familiarisation period and those instructed are informed that all the staff would stay on after a sale of the business.
For more information about this business for sale, click the Contact Seller button.
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