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the UK marketplace for company sales

Supported living services

Reference
S11633
Turnover
£1m to £2m
Sector(s)
Health & care, Service industries
Region(s)
UK Wide
Added
23 May 2024

Business description

The company offers supported living accommodation for vulnerable adults under 70 with mental health issues, learning disabilities, physical disabilities.

The business provides domiciliary support and care in homes, which are owned by the directors, and funded by local authorities and health boards.
The company also offers support services to individuals living in their supported living properties, with residents having tenancy agreements for their own bedrooms and shared living areas.
Our clients are offering the business for sale to facilitate retirement plans.
Offers invited.

Highlights

  • Strong relationships with three local authorities and a health board.
  • Cornered the market for domiciliary care services in its region. 
  • Highly trained and experienced staff team in place, all of whom will be remaining post-sale. 
  • The company has developed an invaluable reputation due to the high-quality of its four care homes. All of these homes have undergone extensive refurbishments over the last eight years. 
  • Scope for a buyer to enter the supported living market at a high level, with room to grow into additional regions with the correct investment. 
  • The company operates from four freehold premises, which hold a combined value of circa £1.7m.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 759 264
2022 (Actual) 1,074 380
2023 (Actual) 1,408 492
2024 (Forecast) 1,440 493
2025 (Forecast) 1,550 521
  • YE23 turnover of £1.4m with adjusted EBITDA of £492k.
  • Projected turnover of £1.4m in YE24. 
  • The business benefits from a strong profit margin, averaging 40% annually. 
  • Turnover has increased by 85% between YE21 and YE23.

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