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Established Dyno Drainage And Plumbing Franchise In Edinburgh For Sale

Edinburgh, United Kingdom
Asking Price:
£900,000
Turnover:
£1,600,000
Net Profit:
Available on request

This successful business was established in 2006 and acquired by the current franchisee in 2012. Having grown year on year this business now boasts a fantastic turnover in excess of £1.5 million. This franchise successfully operates both the Dyno Plumb and Dyno Drains. This Dyno franchise has 2 units including an office and training room as well as a separate storage facility within the territory.

As a Dyno franchise, this business benefits from a number of key accounts which are provided by the franchisor and British Gas. Work is carried out at approximately 1200-1500 properties per month as a result of the biggest key account from British Gas Homecare.

This Dyno franchise has consistently grown and now employs a team of staff including drain engineers, plumbers and office staff. As a Dyno franchisee, you will be expected to manage the team of staff and oversee the day to day running of the business. Other duties include ensuring staff meet the performance criteria and offer excellent customer service as well as undertaking regular meetings with the franchisor to discuss how to further develop the business.

This business benefits from an excellent sales and marketing team. Dyno head office has a key accounts team in place, where they develop relationships with large national companies. The franchisee can also utilise the Business Development Manager who works together with the franchisee to ensure the business is growing and provides updates on the local marketplace.

Over the past 4 years, turnover has increased by 25%. As a result of changes in legislation, there is excellent potential for this business to grow even more. The current franchisee is selling the business in order to spend more time with his elderly parents. Providing an opportunity for a new enthusiastic franchisee to acquire this business and continue to build on the solid foundations the current owner has already established.

This information is taken from a prospectus of sale. Further information can be provided upon the signing of a Non-Disclosure Agreement.

Who is the franchisor
Dyno-Rod based its drain cleaning service on what were then new electromechanical techniques. After initial success, Dyno began granting franchise licences in 1965. There are currently twenty five Dyno franchisees in the United Kingdom. As the first non fast food franchised business in the United Kingdom, and the second franchised business of any kind there, Dyno-Rod played a prominent role in the formation of the British Franchise Association, of which it remains a full member.

Over time, the Dyno brand developed other associated businesses, Dyno-Secure was launched in 1987, to offer a range of locks and security services, while in 2001, Dyno-Plumbing offered a comprehensive plumbing service.

Dyno Group was acquired by British Gas, a subsidiary of Centrica, in October 2004. Since then, Dyno franchisees have developed larger territories and operate multiple brands within the Dyno group.

The group is now based in the British Gas Swan House Office complex in Staines.

Property information

Property:

Leasehold

Business Operation

Reasons for selling:

The current owner is selling in order to spend some time with his family.

Employees:
Further details regarding employees will be provided once a signed Non-Disclosure Agreement is returned.
Years established:
Established in 2006

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

All support and training will be provided by the franchisor.

Financing available:

Franchise Resales has a fantastic relationship with all the major UK banks, so we can point you in the right direction when it comes to borrowing.

Website:
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Contact Information

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  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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