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Growing Business Enjoying Recurring Revenue For Sale

Lincolnshire
Asking Price:
£300,000
Turnover:
£600,000
Net Profit:
£80,000

This business is enjoying strong year on year growth from new contracts supported by a customer base of recurring clients. The business enjoys a retention rate of existing customers of over 95% as an average each year.

Growth is driven largely by reputation, which is excellent, but this business can utilise simple new business generation tools with great effect, largely because the customer base is broad and demand so consistent.

The management structure within the business is well defined and autonomous, with the current owner working in a Directors role where he mostly manages by exception.

The profit is also growing as the company takes advantage of economies of scale and the benefits provided by thorough, established processes. Even though the company is continuing to expand the growth potential remains excellent, given that the territory covers three main centres in South Humberside and East Yorkshire, with more available.

In summary, this is a well-established company with an enviable reputation, that enjoys a recurring revenue stream, managed by an experienced management team and supported by an interactive franchisor, enjoying expansion with huge additional potential.

If you are looking to invest in your future, this could be the perfect opportunity.

Property information

Location:

This business is run from the owners home, where he has his office. The management staff are based in the field, as are the workforce, making a traditional office unnecessary.

Business Operation

Expansion Potential:

The current revenue is over three main centres and the business penetration is currently quite low and growing aggressively. The main new business sources are utilised well but for short bursts of time. A new and dynamic plan for expansion could see the business grow even faster.

Competition / Market:

There are competitors, but this company enjoys a very strong trading name and reputation nationwide. The company is also able to deal with national contracts as they have franchisees across the whole of the UK.

Trading hours:

Normal office hours for the owner

Employees:
approximately 100
Years established:
25

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

The current owner will give a full handover supported by training with the franchisor. The franchisor will give ongoing support for the life of the business.

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