Successful Business Services Franchise In Central Scotland For Sale

Business description

This is a superb opportunity to purchase a widely respected franchise outlet which has a unique range of services and is seen nationally and locally as a star performer. Due to the customer and service/product mix the business has been able to increase both turnover and profit year on year since it opened.

This is a fantastic business to be part of. It’s fast, fun and very varied which means there is never a dull moment. Although it can be challenging at times the business is easy to learn and once established in the operation you will be able to develop the business in line with your expectations. Although nothing is ‘recession proof’ the business is robust and has had no ill effects from recent troubled times.

Accounts have been finalised by an accountant from March 2011 to February 2012 and Net Profit (before Directors Salaries, Finance Costs and Depreciation) is £54.4k, +10.6% YOY. Turnover has increased to £298k +11%. Another superb year which proves that the business is in great shape. This continues a run of 6 years of increased turnover and profit YOY in so called difficult economic conditions.

The figures above prove that the business is still in a fantastic growth period which could be continued and developed by a new owner with fresh ideas and new impetus.

The Business, formed in 2005, provides printing (digital and litho), photocopying, courier/postal service and a wide range of business services in Central Scotland. The Business, which has a workforce of 4 including the owner, has built up an established regular customer base. The Business operates under a franchise agreement, due for renewal in 2015 which is a fraction of the cost of a new franchise fee.

Although the business operates from a retail outlet there is a very strong web presence which generates sales and leads. This is developed and maintained by the national Franchisor.

Key Investment Attractions

Fantastic city centre trading location.
Established worldwide recognised brand in one of the largest and most successful franchise systems in the world.
Excellent growth levels and high profitability.
Established regular customer base with significant passing trade.
Currently ranked No 1 in the UK for customer service and store presentation in a year long mystery shopper exercise
Premises fully equipped with franchise branded furniture and fittings.
Dynamic website lead and order generator
A successful franchise trading location within the franchise network, one of the highest turnovers in Scotland within the top 20 in the UK.
Good growth potential.
Fully trained staff
No specific printing or courier background needed - full training given
Key costs will lower in the next year as equipment is paid for - this will will increase profits
Excellent opportunity for individual investor or as a bolt on.

The Business operates from leased premises of 1100 sq. feet due for renewal in 2015. An extension for another 5 years has been agreed under mutually agreeable conditions negotiation in 2015.

The current shareholder wishes to exit the business in order to realise his investment and pursue other opportunities.

The shareholder would be willing to remain with the business for a suitable handover period.

This is a confidential sale, for further information please get in touch but you will need to a complete confidentiality agreement before release of a detailed prospectus.

Property information

Property:

Leasehold

Lease terms:

10 years – to 2015 with option of 5 year extension

Leasehold rent:

£20,000 per annum

Location:

City centre location with on street parking and car parks close to hand. In a busy street with a good mix of retail and leisure outlets nearby.

Although the business operates from a city retail outlet there is a very strong web presence which generates sales and leads. This is developed and maintained by the national Franchisor.

Premises details:

The Business operates from leased premises of 1100 sq. feet due for renewal in 2015. Retail shop front. There was a total shop fit completed for opening and well maintained. An extension for another 5 years has been agreed under mutually agreeable conditions negotiation in 2015.

Business Operation

Expansion potential:

Although the business has been hugely successful to date there are many ways where the business can develop.

Finer tuning of the cost base
Email and social network marketing
Bolt on website focus on printing
New eyes / ideas / fresh look on focused marketing
Offer an extended range of outdoor digital products
Drive more systems / procedure / automation into operations
Bolt on satellite store in 2 of the nearest towns

Competition / Market:

Totally unique with it's range of services under one roof. The business has the best digital print facilities in the area and no local service competes with the packing and shipping segment of the business.

Reasons for selling:

The current shareholder wishes to exit the business in order to realise his investment and pursue other opportunities.

Trading hours:

Monday to Friday 9am to 5.30pm
Saturday 9am to 1pm

Employees:

4

Years established:

7

Franchise terms

Franchise opportunity:

Yes

Reminder of the current agreement to 2015 Full BFA member with a 10 year renewable franchise agreement at a fraction of a new set up agreement costs currrently £3625 v's new £14,500

Other information

Support & training:

Full training is given by the Franchisor's head office team and the seller will ensure a full and comprehensive handover. There is also a regional franchisor for ongoing help.

Furniture / Fixtures value:

£20,000 (included in the asking price)

Inventory / Stock value:

£10,000 (included in the asking price)