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Advertising Business With Over £10,000 Of Confirmed Bookings For Sale

Penryn, Cornwall
Asking Price:
£35,000
Turnover:
£33,000
Net Profit:
Under £50K

Founded in 2016 in Cornwall, this relatively young advertising business has shown steady growth since its launch.

SouthWest AdVans provide advertising vans (currently 2) to a range of regular clients, giving huge flexibility with when and where the adverts are seen. Both vans can be driven on a normal UK driving license.

The business has obtained a good portfolio of clients who regularly re book advertising campaigns. 2019 currently has confirmed bookings worth over £10,000, all with clients who have used the service before.

The business has been operated as a side venture by its founder and typically takes up about 6-8 hours per week. Most of the bookings are Cornwall based, although the business has received regular interest from clients in Devon and beyond.

The current business model sees the advertising vans being left roadside at key locations for 3-4 days at a time before moving to a new area. The business has a detailed list of tried and tested advertising locations which will be included in the sale.

Assets included:
1 Ford Transit van with 6x3 metre advertising frame (MOT until Nov 2019).
1 Mitsubishi Canter van with 5x3 metre advertising frame (MOT until Feb 2020).
Over £10,000 of confirmed bookings
Fully functioning website and Google account
List of all client details and key contacts
List of tried and tested locations
Previously used adverts kept in storage for future bookings
Contact for our advert printer who we have used for the past 2.5 years

The seller will be available for 6 months to assist with a smooth handover and support for the new business owner. This should allow no disruption to bookings already in place.

This is a relatively simple to run business with huge potential for growth in 2019 and beyond. The business would be suitable for someone looking for added income as it can be operated alongside other ventures. However there is potential to run the business full time and increase income dramatically with expansion.

Property information

Location:

Currently Cornwall (relocatable although current bookings must be carried out)

Premises Details:

Run from home office

Business Operation

Expansion Potential:

2018 was almost fully booked so adding a 3rd or 4th van would enable expansion. The summer of 2018 saw us turning away a fair amount of business.

Competition / Market:

One other advan company in Cornwall. The competition offer more driver based packages so differ slightly from what we offer.

Reasons for selling:

The current owner is a freelance photographer and wishes to put his entire focus on that again

Trading hours:

Flexible with enquires in the normal working week with some van moves at weekends if necessary

Employees:
0
Years established:
2016

Other Information

Support & training:

Training for fitting the adverts. 6 Months e-mail/telephone support from seller

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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