An overview of the opportunity is as follows:
- Combined income of £2.9m with an adjusted EBITDA of £946k for the year ended 31st October 2018
- Projected income of £3.1m with an adjusted EBITDA of £1.028m for the year ended 31st October 2019
- Projected income of £3.4m with an adjusted EBITDA of £1.13m for the year ended 31st October 2020
- Twelve lodges, capacity for 7-9 residents per lodge
- 76 service users currently, 60:40 local authority vs. privately funded
- Care Quality Commission rating of ‘Good’, June 2017
- Robust organisational structure in place with a Team Manager at each lodge with dedicated staff delivering 24/7 care if required
- Opportunity to grow the business
01772 775 776
corporate@businessbuyers.co.uk