Whilst the participants are this business owner's first priority, any interested buyer must be qualified enough to care for participants if they become the successor.
As a stable business, there is consistency in the weekly invoicing. Should the need arise (such as for a client holiday), they hire cars, keeping the overheads of the business lows + minimizing additional fixed costs.
- Income = $1.7 to $1.8 mil w/ 20 participants
- Net revenue w/ add-backs approx $550k
- Office rent only $1900/month w/ a 1x1x1x1 yr lease
This NDIS business provides in-home services for their clients. An ideal buyer would be an existing NDIS business owner or someone wanting to get into this industry. There is good cash flow w/ weekly payments. It is an immediately profitable business & will increase in profitability as their clients change from limited services (20-30hrs/wk) to 24/7 services; increasing their budget from $300 to $400/wk to $13,500/wk. This co# doesn't currently have regn for SDA but is getting it soon.
Most of the clients (19x) are in Sydney w/ just 1x in the Hunter region. Client no# are limited outside Sydney due to the limited no# of carer availability. It is a great location to grow the business into if it can be serviced. This business is not location specific/dependent as the care takes place in the client's home & therefore, no rent is paid to lease a large functional facility.
This is a positively geared business, w/ a great team looking after the clients. W/ 4x office staff (perm P/T) + approx 45 casual care providers/support workers, the current owner works in business development. They are not currently paying payroll tax. Some of the casuals may be happy to become independent contractors to ensure that the new business owner doesn’t end up paying payroll tax as they grow the business.
The vendor is seeking a sale before the end of Sept 2023 so invitations are extended to any interested & appropriately experienced buyers to have an online discussion w/ the vendor.
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Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker. Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own inquiries in order to verify the information provided.