Established Care Home in Newcastle
Located on the outskirts of Newcastle, the business has been established for over 15 years and has developed significantly in recent times. The owner was looking to retire and having received an excellent recommendation from another care home operator, decided to bring their business to market with Swan.
“I decided to retire at the end of the summer in 2020 and listed the business for sale in June. I was looking for a quick sale as I did not want to return in the winter. I chose Swan to sell my business due to their director led approach and I knew they had a wide range of buyers available.
It was important the broker had a specialist team to support my sale. I’ve sold businesses previously and received little support and communication. I found Swan Care to be different as they were proactive, reassuring and demonstrated a good level of expertise.
A few weeks after listing my care home for sale, I had several interested parties and an offer. After 10 weeks on the market I accepted an offer of £1,100,000. The team managed to push the offer close to the asking price despite a tricky negotiation period. I was very happy with the service I received.”
Independent Playgroup and Nursery in Nottingham
Swan Care recently completed the sale of an independent playgroup and nursery in Nottingham. Established in 2015, the business provides a popular childcare service to the local community. The owners felt they had developed the business as far as they could and instructed Swan to find a buyer to take over the reins and progress the business further.
“We met with three business transfer agents and chose Swan Care to sell our business because the Director demonstrated local knowledge and we felt the team could deliver the personal touch when presenting our business. It was the first time we had sold a business and we wanted a buyer who could further develop the business with the best interest of staff at heart and continue to provide a service to families in the local community.
We were very encouraged with the amount of interest shown by potential, high calibre buyers. We had several viewings, which led to two good offers and one being accepted. The new buyer displayed a connection with the business and saw all the potential the business had to offer.
The new buyer now owns another popular day nursery in Nottingham and purchased the business to add to their portfolio of nurseries in the region.”
Domicilary Care Agency in Market Harborough
Headquartered in Market Harborough and covering the local area, the business has been established for almost 20 years. They could boast an extensive team of carers, second tier management and over three hundred service users. The owners were looking to retire and relocate out of the area.
“Having worked in the care industry for almost 40 years, I decided it was now time to retire. I met with one of Swan’s Directors and decided after our first meeting that I wanted to instruct them to sell my business. I was very impressed with their knowledge of my sector and their ability to approach larger companies with my business.
After three viewings of my business and several rounds of negotiation, I accepted a substantial offer from a large care agency in the area. I agreed to remain in the business for six months after completion, but with thirteen months of originally meeting with Swan, I had finished my handover period and have now retired.
I cannot thank Swan enough for their help throughout the whole process.”
