Freehold Personal Care Of Adults With Learning Disabilities

Undisclosed, Northamptonshire
Price: £ 1,175,000
business for sale
Seller Reference: 1049NN
Asking Price: £1,175,000
Net Profit: £120,000
Sales Revenue: £381,000
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold

Business Summary

HISTORY

� The business was founded by the present owner over 13 years ago

REASON FOR SALE

� The business is only now being reluctantly offered for sale as the vendor wishes to pursue an alternative unrelated business venture

SERVICES

� The business aims to provide a home for life for adults with learning disabilities
� As part of the service the vendors are always exploring innovative ways to encourage every service user to attain their maximum potential
� Approx 50% of the service users attend local day services or carry out voluntary community work in both instances, they are escorted by staff

CUSTOMERS

� The business currently has 8 service users, all of which live on site
� The premises can accommodate a maximum of 10 service users
� Service users are sent by the local authorities with the level of fee dependent on the assessed need of the individual

STRENGTHS

� The business is extremely well established with a trading history of over 13 years
� The premises are very well presented throughout with a new owner having nothing to do on takeover
� Excellent location with good transport links to the M1, A45, A6 and A14 and is within circa 30 minutes drive from Bedford, Corby, Kettering, Northampton and Wellingborough.

� All clients are provided by the social services with no need to advertise and they have a home for life
� Guaranteed fee income every week and the business has high net profit

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

NORTHAMPTONSHIRE PERSONAL CARE OF ADULTS WITH LEARNING DISABILITIES In over 1 acre site in rural area Registered for 10 on site residents -currently 8 referrals sent from the LA / fully staffed A/T: £381,000 GP: £357,000 NP: £120,000 Forecast sales for 2012 £364,000 Scope to...

Property Infomation

  Property: Freehold
 
  Lease Terms: � Freehold
� Rates: £1,630 per annum

 
  Living Accommodation: Yes
 
  Details of Accommodation: � The home is in 2 service areas; the main house and the annex
� The main house provides care and support for up to 7 service users under traditional residential placements, while the annex provides supported living placements for 3 service users
� The property itself is in grounds of just over 1 acre, it has its own swimming pool and an extensive rear garden with a farm project that keeps chickens, pigs and goats
� A poly tunnel and raised beds to enable them to grow their own fruit and vegetables
� There is parking on site for circa 12 cars
� The business also benefits from being fully double glazed and has a fire alarm system
 
  Location: � The business is set in a rural location in Northamptonshire with views of fields to both the front and rear

Other Details

  � The business already operates successfully, it does however, still offer excellent potential to increase both fee income and profits by:
� Develop the site further by building between the main house and the annex which could add a further 2 bedrooms
� Add a loft conversion which would add a further 2 rooms
� Build a conservatory
� Use the farm services at the rear as a day care service for other sites