Care Agencies for sale in Hertfordshire | Bizdaq
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Supported Housing Scheme In Hertfordshire

Watford & Surrounding, Hertfordshire

Asking Price £4,500,000
Turnover £688,727
Reference BIZ7048

Business overview

This is a fantastic opportunity to acquire a long running business which has continually provided an exceptional adult social care service to its local inhabitants, since it began trading in 1998.

Available for sale are four freehold properties which the current business operates out of. Positioned in a busy area, it has amassed a large customer base and has also cemented a solid reputation for providing high quality accommodation and friendly customer service.

A new owner is presented with a profitable platform, which is primed for additional growth.

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Property value

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Business description

This business functions as a 24/7 supported housing scheme, providing high quality accommodation social care and housing related support, specifically targeted at individuals with a background of mental health. Its services are important and relied upon by many of its customers, who appreciate the company and provide continuous repeat custom.
Offering bespoke care plans to its service users, this business has grown consistently year on year.
With a professional team of workers helping run operations, the business has established strong relationships with Hertfordshire Partnership NHS Foundation Trust (HPFT), Hertfordshire County Council (HCC) and other medical teams to continually provide top quality services.
Service users are referred to the business from HPFT, who the business have a contract with.
Included in the sale of this business are four large, well-equipped freehold buildings (totaling 28 rooms and 2 retail shops) which are ideal for carrying out the businesses services and have all the fixtures and fittings in place for the successful running of a support housing scheme. It provides excellent space and accommodation for service users as well as its staff.

Business location

The business described herein is located in the town of Watford, Hertfordshire, where it caters for a population of over 90,000 inhabitants. Having attracted heavy footfall from across the county, the business has gained a large base of regular customers. Patrons also originate from the neighbouring town of St Albans, Hemel and London.
With strong foundations set, this is a well-operated business which offers an excellent base for further expansion.

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