FOR SALE A foster home for youths taken into care in Uusimaa

Business information

Sale topic For sale company, real estate
Industry Health care, social services
Location Uusimaa
Person count Full-time 3 persons Part-time workers or seasonally employed workers 2 persons
Adjusted revenue 533 000 EUR
Asking price 680 000 EUR
Stock sale
The business was established on the 15th of August 2000 and it offers professional foster care which means care, nurture and education for children taken into care. It has permits for 7+1 clients, which means that the minimum number of personnel i 3.8. There are currently around five employees. There are seven clients. The main property is 350 m2. The outbuilding is 70 m2.
The foster home has made a profit during its whole history.
The revenue with seven clients is around 541.000 euros. After the coming competitive tendering it will be more. During the last three financial years the operating profit has been over 100.000 euros per year. The adjusted financial statement is positive for the new entrepreneur, as the annual operating profit after all expenses will be around 145.000 euros with seven clients and the current price for a day in care.
The business is a good choice and investment, as the foster home has been built with heart and skill over the years, which has made it appreciated and established. The small clients of the foster home are suitable for professional foster care and the community. The existing long-term placements make it possible for the new entrepreneur to work with full capacity from the beginning. The property of the foster home is beautiful, cozy and well-planned for its purpose, which is a good base for the operation. The business has good partners with whom it has good relationships, as it has with the surrounding area, schools etc. Everything required to run the foster home is available as well as good and skilled employees.
This is an ample opportunity to acquire a profitable business and to give continuity to meaningful work.

Asking price justification

The asking price is based on the business’ established cash flow. The operating margin is estimated to be 162.000 euros during the next few years.

More information about the target

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