Care Assistance Agency for the Elderly and Disabled For Sale - Cumbria, United Kingdom

Advert Ref: CU024

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Asking price: £2,000,000

Sales revenue: £1,200,000

Asking price:
£2,000,000
Sales revenue:
£1,200,000
Cash flow:
Available on request
Years established:
1988
Employees:
The owner, who is also a fully qualified carer, runs the business on a daily basis, handling all negotiations with the local social services

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This well known and respected family business was established twenty years ago and specialises in providing care and assistance to the elderly and disabled in their own homes. The business became a Limited company six years ago when the current member of the family took over the running of the business. The company operates its business from well apointed offices, just outside the main town centre, and has spare offices within their building which could either be used for expansion or for further rental income. The business is the largest care agency in the area,with an excellent reputation for being a relaible and punctual provider. They will only recruit experienced care providers, who have a flexible and dilligent approach to their duties. All of the staff attend a thorough in house induction course for two days before they start their duties


Property:
Leasehold
Lease terms:
The lease on the premises is negotiable with the owners. Rent is circa £12,000 p.a with rates of £1,000 p.a.
Location:
The business runs from a semi-detached terrace house on the outskirts of the nearby town. There is a reception area and main office. The house has other offices available on the second floor, which at present are vacant. The lease on the premises is negotiable with the owners. Rent is circa £12,000 p.a with rates of £1,000 p.a. The premises are fully alarmed with ample parking available in the surrounding streets.

Expansion potential:
The local area, after a number of barren years, is going through industrials growth with significant investment taking place. The population is once again rising and with a change in the average national age taking place, there is significant growth forecast for the home care sector. This company is perfectly poised to build on its existing client base and grow in the coming years. They have been trading consistently over the past twenty years and the current owner has maintained the business at a level that is comfortably manageable based on the current infrastructure. A new owner with fresh energy could easily increase the business by building on this successful platform, and taking on new carers, as the demand for home care increases. The company has an active web-site, but there is no major marketing or advertising budget. They obtain the majority their business from the local social services and by word of mouth recommendation. A small amount of investment in a sales drive would immediately reap rewards with the high quality of service which is provided.
Support & training:
The owner would be happy to help out with a smooth transition of the business and help in anyway possible.
Reasons for selling:
The owner has been in the business since leaving school and would like to look at different business opportunities


Important: Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.