Established home care and recruitment agency
Turnover year end 31/03/2017 £576,987 with ANP £99,290 (17%)
Approx. 600 – 700 care hours per week
Genuine growth potential Income Split £450,000 dom care, £150,000 agency
This established home care and recruitment agency has been trading since for 21 years and was purchased by the current owner’s 3 years ago. Since then the business has shown year on year growth and has a good reputation within the Suffolk region along with good profits.
The business operates not only a home care service but also a recruitment agency by supplying care staff to the care home sector, both from the same serviced office. The home care agency covers a small area through choice to minimize travel time. The recruitment agency goes further afield.
The business currently provides c. 700 hours per week in the area’s covered and offers morning, afternoon, evening care along with live in and 24-hour care for the elderly, infirm plus those needing specialist care.
In our opinion, the purchase of this business would be an ideal acquisition for any existing care provider who is looking to expand and to therefore build upon the business built up under the current ownership.
We have been advised by the owners that the majority of new clients come from word or mouth although a number of enquiries are made on a regular basis by local authorities albeit due to our clients wish to exit the care sector a number of these potential new clients are rejected.