Management Franchise Resale 2 Opportunities East Midlands For Sale

Business description

The two Business For Breakfast East Midlands territories represent great business opportunities.

Business For Breakfast is a breakfast referral networking franchise for local business people.

Business For Breakfast sets up local groups of professionals, with only one person per business category, and teaches those groups to be effective at passing referral business to each other. It operates on the concept of “Know, Like and Trust”. With a long history of success it is no surprise that Business For Breakfast is one of the Market leaders in business referral networking.

Launched in 2001, Business for Breakfast (BforB) is a proven blueprint for running successful business referral networking Franchise in UK and Europe. With more than 30 operational Franchise areas already reaping rewards, Business for Breakfast has firmly established itself as one of the UK’s leading, and thriving, business referral networking organisations.

The membership is based on subscription membership cash-flow. This provides a cash positive business model with members paying, in advance, to join. The generation of business within each group is performed almost entirely by the existing membership. It is the members who invite their business contacts to visit their groups. Given the nature of the business it is scaleable.

Within Business For Breakfast there is a great support structure, both from Head Office and from fellow franchisees. Full support and training will be given to the successful buyer having signed a new, 5 year agreement with the Franchisor.

The two Business For Breakfast territories in the East Midlands represent the chance to purchase an existing, established UK region.

Territory 1 (Leicestershire (Leicester, Wigston, Oadby, Market Harborough, Melton Mowbray)) and Territory 2 (Rutland, North Cambs, South Lincs, North Northants (Grantham, Stamford, Peterborough, Kettering, Oakham, Corby, Oundle))

Each territory already enjoys approximately 30 members so there is plenty of scope to develop both territories further with the scope of the license and enjoy an early return on your investment.

The two Business For Breakfast territories in the East Midlands are being offered for sale at £25,000 exc each. Please enquire to gain access to the full details of this wonderful opportunity.

Property information

Location:

Territory 1: Leicestershire (Leicester, Wigston, Oadby, Market Harborough, Melton Mowbray)

Territory 2: Rutland, North Cambs, South Lincs, North Northants (Grantham, Stamford, Peterborough, Kettering, Oakham, Corby, Oundle)

Premises details:

N/A – This business is run from your own home, no premises are required.

Business Operation

Expansion potential:

The existing license is for a maximum of 5 groups per territory offering the potential to develop a maximum combined membership base of 150 over all

Competition / Market:

There are very few other organised referral-based networking groups in existence across the UK. There are, however, numerous other ‘networking only’ groups that are often only organised by local Councils or Chambers of Commerce etc.

Reasons for selling:

Personal circumstances

Trading hours:

General management and operational duties are completed between 9 – 5:30 weekdays.

Employees:

There are no direct employees of the business.

Years established:

The Franchise model was established in 2001. This particular franchise has been being run for 18 months.

Franchise terms

Franchise opportunity:

Yes

The successful purchaser will sign a new, 5-year agreement with the Franchisor

Other information

Support & training:

The Franchisor (Business For Breakfast - BforB) will provide a programme of full and thorough pre-launch training as you will be a new franchisee to the network. You will be invited to undertake a one-week induction programme during which you will be introduced to both theory and practical sessions. Your regional team will have ongoing meetings and expert sessions to provide you with the maximum knowledge to empower and develop your BforB Franchise. BforB also provide specialist ‘one to one’ mentoring in your first nine months of business to get you launched and confidently and successfully running your business as soon as possible.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Financing assistance may be available from the Franchisor subject to status. You will also need to have a minimum working capital of £8,000

Home based:

This business can be run from home.