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Confidentially offered for Sale
Ref Number: DC04-ABS
Asking Price: £625,000
Location: Portsmouth.
Asking Price: £625,000 (inclusive of freehold property valued at £440,000)
The Centre is open five days a week, Monday through Friday, from 10.00 AM to 3.00 PM.
Financial Information:
Turnover for last financial year: £160,000 p.a.
Adjusted EBITDA for last year (pre director drawings): Circa £78,000 p.a.
Estimated Turnover Potential: c£200,000 with increased daily clients
Potential Additional Profitability: +£35,000 with increased attendance
Business Overview: Established in June 2017, the Adult Day Centre is a well-established facility located in Portsmouth. The business specializes in providing exceptional support for elderly clients.
The business offers a "home from home" environment, which has proven successful in offering respite and support and ensuring clients feel comfortable and relaxed during their stay.
The Centre’s property is a detached building, formerly the park keeper's house, set in its own grounds next to a park and bowling green. This unique setting, combined with the ownership of the premises by the business, provides a strong sense of stability and security for the families and clients served.
Business Background: The founders are an experienced Registered General Nurse (RGN) with over 20 years of management experience in residential Support homes, and a professional in the Support sector, recognizing the growing trend of families seeking to support for their elderly relatives at home.
The need for respite and support for caregivers led to the establishment of this Adult Day Centre. Only one of the founders now works on the business and manages it remotely.
The business has grown organically through word-of-mouth referrals, securing a strong reputation for its high-quality care, warm environment, and personalized approach.
Recent Developments: The Adult Day Centre Business has recently expanded by taking over a day centre previously run by Hampshire County Council, which has substantially increased turnover. The seamless transfer has solidified the business's presence in the local market and enhanced its standing as a trusted care provider.
Competition Within Portsmouth, there are two other private day care centres and one run by Portsmouth Council.
However, this Adult Day Centre Business sets itself apart through its exceptional environment, owned premises, homemade meals prepared by an in-house chef, and an experienced, happy team that provides a level of care that is second to none.
Competitive Advantages
1. Owned Premises: The business owns its building, providing long-term stability and security for its operations.
2. Homely Environment: The building’s former use as a home offers a unique and comforting atmosphere, which helps clients feel relaxed.
3. Client Satisfaction: The calming environment and tailored care plans result in many clients attending multiple days per week.
4. Culinary Excellence: This Centre offers homemade, nutritious meals, including two-course lunches and cakes prepared by an in-house chef.
5. Dedicated Team: A strong, happy, and experienced team ensures a high standard of care and client satisfaction.
Market Outlook: The outlook for this Centre is excellent.
The demand for adult day centre services for elderly clients is expected to grow as families continue to seek ways to keep their loved ones at home longer while also needing respite from caregiving responsibilities.
The recent addition of clients from Hampshire County Council further strengthens the business's position in the market.
Opportunities for Growth: A new owner could expand operations by increasing the number of clients attending, offering services on Saturdays (which could add approximately £39,000 to turnover), and further developing relationships with Portsmouth City Council and local hospitals.
The potential to increase daily attendance to 15 clients could see a significant increase in turnover and profitability, with minimal additional operating costs.
Property Overview: The business operates from a freehold detached building set in its own grounds. With parking for 4-5 vehicles and access to a large sports centre car park for overflow parking, the property is ideally suited for the Centre’s operations. The building’s layout and surroundings make it a tranquil and welcoming place for clients.
Operations:
- Business Hours: Monday to Friday, 10am – 3pm (with staff working from 9am to 4pm)
- Staff: The business employs 3 full-time staff, including a senior carer, chef, and junior carer. One of the founders is now retired. The other manages the business remotely with monthly visits. Additional staff is brought in from an agency when needed, and a part-time employee is currently being recruited.
Reason for Sale: One of the co-founders has a medical condition, prompting the decision to sell the business. The founder is looking to retire after a successful sale but willing to provide training and support during a handover period to ensure a smooth transition for the new owner.
Asking Price and Additional Information:
- Asking Price: £625,000 (inclusive of freehold property valued at £440,000)
- Support and Handover: Negotiable
- Non-Compete Agreement: Yes, the Founders will agree not to compete with the business.
- Key Employees: The current team runs the business on a day-to-day basis and is critical to the business’s continued success and is expected to remain after the sale.
Main Selling Points:
1. Established relationships with Portsmouth City Council (PCC) and local healthcare providers.
2. Can be run remotely, with minimal supervision, requiring only monthly visits.
3. The property’s fallback potential to revert to residential use, providing options for rental or sale as a home.
For interested buyers, this business represents an excellent opportunity to take over a well-established and growing adult day centre, with a solid reputation, owned premises, and significant potential for further growth.
Adult Day Centre for Sale:
This thriving Centre is a unique opportunity to continue the heartfelt mission of creating a homely, supportive space for clients. Located in a prime area, this well-established centre offers a safe and inviting environment where seniors can enjoy companionship, engaging activities in a stress-free, nurturing atmosphere.
A Place of Connection and Comfort:
The Centre is more than just a gathering place; it’s a community hub where clients are encouraged to engage, reminisce, and enjoy life in a way that suits them best.
With a dedicated and compassionate staff, the centre fosters a “home away from home” experience. While group activities such as arts and crafts, games, and light exercises are available, individuals are also welcome to relax quietly with a book or a cup of tea. The atmosphere is flexible and designed to cater to every client’s preference.
A Variety of Activities Tailored to Individual Interests:
One of the hallmarks of this Centre is its wide range of activities, all aimed at enhancing both mental and physical well-being. Clients can participate in arts and crafts, flower arranging, board games, armchair exercises, and even enjoy some gardening in the Centre’s tranquil outdoor space.
With a room stocked with books and magazines, as well as a dedicated crafts and games room, there’s something for everyone—whether they prefer solo relaxation or group interaction.
The Heart of the Centre: Freshly Cooked Meals and Welcoming Café Area
Clients can enjoy freshly prepared, home-cooked meals, including a delicious two-course lunch. Unlimited tea, coffee, and home-baked treats are available throughout the day, adding to the warmth and hospitality that the centre is known for.
Flexible Operating Hours to Suit Client Needs:
The centre is open five days a week, Monday through Friday, from 10 AM to 3 PM, providing flexibility for clients and their families to create a routine that works best for them.
This day centre is highly regarded within the local community for its personalised approach and exceptional level of support, making it a trusted resource for families looking for day support for their loved ones.
A Business Opportunity with Heart:
This is an excellent opportunity for the entrepreneur or healthcare professional to step into a rewarding business that’s profitable. With a loyal client base, a strong reputation, and a team of dedicated staff already in place, the groundwork has been laid for continued success.
Whether you’re looking to expand your portfolio or enter the adult day care market, this Centre offers a fulfilling way to make a positive impact in the community.
Key Features:
- Prime location serving a growing community
- Fully staffed with experienced, caring professionals (vendor manages remotely)
- Wide range of activities catering to individual needs
- Freshly cooked meals and snacks prepared on-site
- Flexible hours of operation with potential for growth
- Warm, welcoming environment with a focus on client comfort
Take the next step in owning this wonderful community-focused Centre and continue its legacy of care, companionship, and connection. Contact us today for more details!
Sales Memorandum: Adult Day Centre Business specialising in providing support for elderly clients.
To Register Interest or to seek additional Information, please contact Abercorn Business Sales e-mail: expert@abercornbusinesssales.com or telephone: 0800-246-1313
Commercial Finance:
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Call today on 0800-246-1313 or email at expert@abercornbusinesssales.com or visit our website www.abercornbusinesssales.com
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For more information on DC04-ABS - Freehold Adult Day Centre Offering Day Facilities for Elderly Clients For Sale talk to Abercorn Business Sales