This is a very rare resale opportunity in Guildford. A chance to take over an existing, busy Drain Doctor franchise in the area. Opportunities like this don’t come onto the market often, especially in the form of a resale.
If you're interested, you'll acquire a remarkable franchise territory situated in a prime location.
The demand for Drain Doctor's services in Guildford is substantial, with vast amounts of national account work already active in the territory. Your focus as a business owner would be to grow and develop your business, so don’t worry; you won’t be getting your hands dirty yourself. Instead, you’ll employ trained local engineers to complete the callouts while you manage and market the business, which can quickly deliver a six-figure income. In fact, as a Drain Doctor franchise owner, you have the opportunity to generate £1 million in net profits over the next 10 years by performing all manner of emergency and remedial drainage and plumbing works across the domestic and commercial sectors.
Drain Doctor is the UK’s largest drain clearance and emergency plumbing company. Established in 1994, Drain Doctor has completed over half a million jobs since then, providing an essential service to homes and businesses nationwide.
Prior experience in the drainage industry is not a prerequisite for success. Only a small fraction of Drain Doctor's franchisees had prior experience in the sector. Moreover, many franchisees had no prior experience running a business.
✔️ Overview:
Drain Doctor Guildford, established in October 2015, has experienced significant growth from a one-person operation to a team of three (two vans and one admin). The company emphasises a service-first culture, prioritising value over volume, which has resulted in a high level of customer satisfaction and repeat business from both commercial and domestic clients. The current ratio of domestic to commercial customers is 60/40. Despite this success, there is still untapped potential in the area due to the growing population base, which exceeds 875k.
✔️ Key Business Details:
Area: Guildford & Basingstoke
Commenced Trading: Oct 2015
Last Twelve Month Turnover: £180,701
Gross Margin: 46%
✔️ Sale:
Asking Price: £Available on request
Sale Reason: Retirement
Flexible work location - from home or secure your own premises
✔️ Financing Options:
Up to 70% Financing Available through Franchisor's lending partners
So, what qualities are necessary?
A successful franchise owner will need to demonstrate drive, determination, resilience, and the ability to handle occasional challenges as they arise. Since this is a management franchise, strong interpersonal and organisational skills are essential.
If you possess these qualities, along with a willingness to adhere to a proven business model and blueprint that has been successful for over 25 years, you have the potential for success. Top Drain Doctor franchisees achieve annual sales exceeding £1 million.
Opportunities like this in Guildford are rare, so if this opportunity sounds ideal for you, don't hesitate to seize it.