Total of 18659 firms and businesses for sale today Sunday 12th May 2024
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Sold. Fully Regulated Residential Child Care Business

LISTING DETAILS
Firms For Sale ID:
28846
Vendor reference:
CU038
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£900,000  
Turnover / revenue:
£776,000
Net profit / cashflow:
Undisclosed
Years established:
2002
Trading hours:
Office Hours Monday – Friday: 0900-1700 plus out of hours number Residential care is 24/7 365 days a year.
Number of employees:
22

OTHER DETAILS
Support and training:
A comprehensive handover is available and the time frame can be agreed as part of the sale transaction.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Fully Regulated Residential Child Care Business
2:1 Specialism
Ofsted Ratings: Good/Outstanding
ISO9001
Ref.CU038
Location Staffordshire
Asking Price £ 900,000
This very significant business was established by our clients over 10 years ago and provides twenty-four hour residential care for children between the ages of ten and eighteen with emotional and behavioural difficulties. With many years of residential childcare experience behind them the vendor and his team vehemently believe that small, non-institutionalised children's homes that cater for 1 - 2 young people and offer a safe, nurturing environment are the best way to help and support vulnerable and damaged young people and set up this business to provide such a service.

Centrally based in Staffordshire the business presently operates 5 safe homes that offer semi-independent training in life skills, preparing young people for their move to future independent living. All the residential units are in superb condition and well equipped and meet all the necessary regulations and guidance notes as you would expect from an award winning organisation such as this. The business currently cares for 5 children and is also registered for siblings care, which means it could accommodate up to 9 if siblings groups were available.

All homes are registered by Ofsted/Care Commission and this business has been awarded either “Outstanding” or “Good” ratings thus demonstrating a high standard of accommodation and childcare. The business also holds UK ISO9001/ ICM Certification and it is also a member of The Federation OF Small Businesses.

This is a professionally managed, profitable company with a well-established and highly trained caring workforce. All staff are full time and fully committed to their roles so much so that the business does NOT need to utilise agency staff.

Expansion Potential
There is a significant and growing demand for this specialized residential care. The business has a clear strategy for growth based on the absolute knowledge of increasing demand for its unique services. There is a consistent/ growing demand for beds.

Market / Competition / Non-Competition Agreements
The business has never had the need to advertise such is the demand for its care services. It does have an informative website that it built on the request of social services so the children had a reference point to look at.