BUSINESS DESCRIPTION
Care Assistance Agency for the Elderly and Disabled
Ref.CU024
Location Cumbria
Asking Price £ 1,800,000
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
The company has an excellent rapport with the local social services, which is shown in the number of new clients who are obtained by council referal.
The business is profitable and easy to run with simple business principles of providing a quality service to its clients.
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.