Summary
- Asking price:
-
£160,000
- Sales revenue:
- £700,000
- Net profit:
- Available on request
- Franchise opportunity:
- Yes
- Years established:
- 18
- Employees:
- 10 Full Time
- Relocatable:
- This business can be relocated.
Franchise terms
Relocateable within East Anglia territory.
Full prospectus information available
Business description
This franchised business provides a specialist niche service in the repair and renovation of buildings. The main clients are architects, property developers and homeowners. The service is delivered through trained full time staff so is a true management opportunity where the franchisee is not required to become involved in the service delivery.
Property information
- Property:
- Leasehold
- Lease terms:
- £5,600 pa rent
- Location:
- The franchise covers most of East Anglia and is focussed on the NR and IP postcodes. It is currently based to the south of the territory but can be relocated as required. The franchise operates out of a small business unit which holds stock of material, provides a base for the staff to operate from and from which all administration work is carried out.
Other information
- Expansion potential:
- The current owners have built the business over 18 years and in 2007 achieved a turnover of £700,000 There is considerable potential to take the business beyond a £1 million turnover with substantial profits available
- Competition / Market:
- Due to the very specialist niche market that the business operates within it has an almost unique position within the market. The current owners have developed a very strong relationship with the major players in the area and built an enviable reputation.
- Support & training:
- Full induction training by Franchisor and ongoing support and training
- Reasons for selling:
- Retirement
- Trading hours:
- Usual business hours