Project Chain – Domiciliary Care – North West of England

INTRODUCTION
Redwoods Dowling Kerr are delighted to present Project Chain, a domiciliary care agency operating in Greater Manchester.

KEY ATTRIBUTES
Offers 5000 hours of care per week to clients in the local area
500 service users
Secured 2 local authority contracts
Excellent long-standing relationships with local councils for over 20 years
Superb reputation
Experienced team of internal staff and external care staff

FINANCIALS
Turnover of £4.4m for year ending December 2020
Adjusted EBITDA of £1m for the same period

DESCRIPTION
Founded by the present owners in 1997
Rated as ‘Good’ by the CQC
Two local authority contracts, expiring in 2022 and 2026
Highly qualified staff

OPPORTUNITY
Opportunity to increase the hours of care delivered significantly
The business can be relocated geographically with minimal disruption
The population in the operating areas are ageing, highlighting the future demand for domiciliary care

SUMMARY
The business is now being offered for sale to facilitate our client’s retirement and offers the opportunity to acquire a reputable domiciliary care agency with genuine future growth potential.