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Business overview: Successful, established windows - glass replacement franchise business - North London area - for sale.
Asking price - Open to offers
Property type Home-based
Net profit £24,000
Property No property
Stock value 400
Reason for sale Other business interests
An Exciting opportunity to purchase this successful, established windows - North London Franchise has arisen
Save customers money by just replacing the glass NOT the frames!
Specialising in the replacement of blown or 'cloudy' double glazed units to existing frames, along with general window repairs and replacement locks, handles and hinges.
The North London area franchise opened in Feb 2015 and has grown significantly in the last 4 years.
The business has shown growth of approx £90k - £121k since start up.+I have another business and cannot devote more time to this business.
The franchise is currently being run from home and I have a lockup in Enfield for the glass.I do not live in my franchise area - and if the new buyer does - this would mean he could also work longer hours. Currently I quote 2 days a week - 9am - 2pm and fit three days a week - 9am - 2.30pm. The business is ready for expansion to a 2 Van operation - due to the fact I do not cover or advertise in my entire franchise area.We are the biggest glass replacement business as a collective in the UK. Please contact me to see my reviews.
Purchasing this existing franchise - would mean you are up and running and in profit essentially from day one! +December is your quite period - but come February - this is when the season starts.
The Franchise area of operation is anywhere from Harlow - Chingford - Edmonton - Camden - Finchley - Barnet - Borehmwood - Potter Bar = 350 000 homes. This area is exclusive to the North London franchise and no other Franchisee can operate in this area.
No experience in double glazing is necessary as full training would be provided at the franchisor HQ in all aspects of window / glass fitting and repairs, the cost of this would be included in the sale price of the business.
Technical and operational support is provided by head office on an ongoing basis.
A sign written Citroen Relay Van (Reg 2014) is included in the sale price along with other fixed assets ( Ladders, Hand & Power Tools, Glazing Materials, Laptop / Printer...a detailed list can be supplied of the fixed assets) that will enable you to start work immediately on completion of the training at HQ.
Purchasing a 'new' Franchise would cost you 30k + VAT + van £27K and you would be starting from scratch to grow your business, the North London franchise is up and running, and as members of Which? Trusted Traders, has a very good reputation in the community (Please search which? Trusted Traders Website and enter 'double glazing repairs' in the North London area, to see reviews and comments from existing customers)
North London is on the market due to the owner relocating.
Please Note - In order to own / operate this existing franchise, interested purchasers would need to attend a meeting with the Franchisor to show intent on running this franchise.
Sector specific information
Franchise agreement for (number of years) Franchise - 5yr contract
Original franchise fee paid N/A
Complete the contact seller form for more information.
Other business interests
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