FINANCE

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In the UK Care industry, there are many businesses for sale at any one time, but as with buying any business, the first vital step is to determine your price range. By knowing accurately what your possibilities are, you can eliminate wasted time and expense pursuing businesses which won’t meet your criteria.

Please note this calculator is intended as a guide and we would recommend that you refer to Chandler & Co. for their maximum purchase price guarantee. This calculator assumes a straightforward purchase of an asset; further quotations can be obtained from Chandler & Co.

Analysing Accounts

When considering a Care Home, it is imperative that you analyse the recent trading accounts. A thorough analysis of the accounts will provide you with an indication of the true net profit of a business. This in turn will help you to decide the ultimate purchase price.

It is always advisable to discuss a specific set of accounts with a professional adviser with knowledge of the care market, such as our sponsors Chandler & Co (insert hyperlink to www.chandlerandco.co.uk). Take a look at these accounts (insert link to pop up page of accounts see attached excel file), especially the highlighted categories that you should be paying particular attention to, but don't forget professional advice is absolutely essential, don't go it alone!

Although the net profit is shown as £104,088 the true reconstituted net profit is as follows: