Established Fostering Service

Birmingham, West Midlands
REF: 04334

Asking Price:
£129,000
Annual Turnover:
£151,000
Annual Net Profit:
£38,000
Recently Sold
REF: 04334
Photo of Established Fostering Service

Overview

Tenure:
Relocatable
Established:
2004
  • Established service provider
  • Works with 14 Local Authorities
  • Registered with SCTH and Ofsted
  • Relocatable opportunity
  • Excellent scope for further growth

A rare opportunity has arisen for a new owner to acquire a well-established and reputable Fostering Service which is currently based in the West Midlands.

The business works closely with Local Authorities and Foster Carers to place children of all ages, including those with disabilities into short, medium and long-term care situations.

Trading for a number of years, the business has built an excellent reputation within the growth care industry and offers a well-developed range of services. With a turnover in the ascendency and the opportunity to relocate, this is an ideal business for an entrepreneur with some industry understanding.

The business trades as a Fostering Service Provider based in Birmingham in the West Midlands.

Operating across a sizable geographical area, the business works hard to place children of all ages within ideal, caring and professional Foster Placements to ensure they receive the care and stability required. The business currently works with 14 Local Authorities and seven approved fostering parents. Fully SCTH and Ofsed registered and well-known specialists in UAS, the business works to place children in emergency, short, medium and long-term situations, including children with physical and mental disabilities.

The business is entirely relocatable within a reasonable distance of the current situation, access to the Local Authority offices and individual Foster Parents will be required at various times. The business has an excellent online presence, with an informative website detailing the full range of services and offering information for both Foster Parents, prospective carers and children.

Intelligent Business Transfer are pleased to offer to the market a superb opportunity for a new buyer to acquire a well-established and highly regarded Fostering Services Provider based in Birmingham, West Midlands.
Operating across the entire west Midlands, the business has contracts with 14 Local Authorities and currently works with seven Foster Parents. A reputable operator within a growth industry, the business has built an excellent reputation for providing high quality service and the business prides itself on focusing on the needs of the children.

Established in 2004, the business has demonstrated consistent growth and now achieves an annual turnover of £151,000. With a large client base and contacts in place, this is an ideal opportunity for an entrepreneur with some industry understanding to acquire a unique business with future growth potential.

The business offers excellent potential for development, such as actively pursuing more Local Authorities for placement contracts and widening the geographical areas covered. By implementing a marketing strategy aimed at prospective Foster Parents, the business can hope to place more children, and in turn, increase future turnover.

Intelligent Business Transfer have been requested to find a suitable buyer.

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