Business Sold Morwell, Victoria 3840
Business Category Medical
SOLD
Description
Sold! Disability Support Services Business – Gippsland Region, Vic
Business ID: BS154863
Profit to owner $671k (FY23)
A superbly presented and managed business enhancing the lives of people with disability offering a wide range of support services for participants throughout Gippsland and surrounding areas.
Staff are highly trained carers committed, dedicated, and passionate about improving the lives of clients by providing direct personal care and organising excursions and social events.
- Strong reputation and brand in local region and industry
- Business employs over 40 staff who provide support to over 100 participants
- Total Revenue has increased at 60% year-on-year with an EBITDA margin of 21.2%
- Total Revenue of $2.65m last financial year
- Occupies a purpose-built professional office and day service facility (premises can be leased or purchase of freehold also an option)
- Highly experienced and suitably qualified team of management and staff
- $300,000 of motor vehicles and plant and equipment included in sale price
The current owner is committed to ensuring a smooth transition to a new owner and is open to a transition period of up to 1 month and willing to consult for a period after that, if considered useful.
This established business is highly suitable for an investor or experienced industry operator to further develop and grow in the region. With well-developed and implemented systems, procedures, and policies, the business generates excellent cash flow and boasts a strong organisational structure and culture.
Asking Price: The business is for sale for $1,550,000. Freehold premises are also available
Property Code: 3543
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.