Long-established, specialist care home sold by Redwoods Dowling Kerr
28th August 2019
Redwoods Dowling Kerr helps expanding sector operative establish healthcare group in East Sheen, London.
Purchased by the vendor over 20 years ago, Alexander House care home delivers phenomenal standards of care, specialising in catering for the care requirements of the elderly and those suffering with dementia. Situated in a prominent, highly sought after area of London, the home quickly established itself as a quality care provider, with the Care Quality Commission awarding the service a “Good” rating, helping Alexander House cultivate an exceptional reputation throughout the local community. The home operates from a substantial period property, having undergone numerous extensions and extensive renovations over the years to create a tranquil and comfortable living environment for all residents.
Brought to the market with Redwoods Dowling Kerr due to the vendor’s wish to retire, the home received an offer after only 3 viewings. With 3 years in the Healthcare industry, the new proprietor and owner of Barham House care home, Mrs Mia Rhodes, saw the acquisition as an opportunity to continue her group’s growth within the sector and hopes to maintain the high CQC rating Alexander House currently holds.
Eager to now enjoy a hard earned retirement, Vendor Mr Mohidin said;
“From the moment we were assigned to Senior Sales Negotiator Asif Musa at Redwoods Dowling Kerr, we were confident that making the life changing decision to sell up and retire was right, and our much loved business was in good hands.”
“I was kept well informed throughout the sale and Asif was very supportive and knowledgeable. Also, Asif excelled at finding me a credible buyer that couldn’t have been more appropriate for my business. The transaction was made very simple, with any obstacles being overcome quickly, the whole process and handover being very smooth and seamless.”
“When the situation turned stressful during the sale, through no fault of Redwoods Dowling Kerr, Asif’s empathetic control and understanding was invaluable.”
“Selling a business is always stressful at the best of times, but when things start to go pear shaped you need the professionals to help fight your corner, and Redwoods Dowling Kerr certainly gave us all the support and advice to bring this sale to a satisfactory conclusion. If it had not been for Redwoods Dowling Kerr, I think I would have never sold my business. I must say Asif is a great asset to Redwoods Dowling Kerr and I would certainly not hesitate in recommending them to anyone who is thinking of selling their business.”
Delighted with the professionalism shown throughout the sale, new owner of the business, Mia Rhodes shared;
“Redwoods Dowling Kerr has been extremely helpful in finding me 2 lovely care homes. I have had a brilliant service from the very start right through to completion. Asif has always maintained contact during the sale process, and has been very helpful and understanding during difficult times.”
“I unreservedly recommend Redwoods Dowling Kerr to anyone looking to buy a care home due to their professionalism when dealing with myself and fellow parties throughout the completion process. I will no doubt use Redwoods Dowling Kerr again for further acquisitions.”
Lead Negotiator of the sale Asif Musa commented;
“It was a pleasure working with our client on this transaction. These healthcare sales are never that straight-forward to complete. It requires a great deal of effort and close communication with all parties in the sale, to achieve a smooth and timely completion. Thanks also to our panel of solicitors at Vincents who completed this transaction in a professional manner.”
“The buyer we found for our client could not have been any better for their business. The buyer was one of our repeat customers who had already acquired a care home from Redwoods Dowling Kerr last year. Having now successfully completed on this transaction my client is very pleased and looks forward to his retirement. I wish them all the best for the future.”