Asking price: £100,000

Sales revenue: £1,000,000

Net profit: £100,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This business is a privately owned telecommunication solutions provider that has experienced massive growth in the independent solutions market place in recent years through organic growth.

The firm offers a free service advising customers how to save money on mobile and land-line tariffs. It prides itself on great customer service and reliability. The clients are mainly within the UK’s business and corporate sector, and range in size from privately owned businesses to large multi-national organisations.

The firm claims to offer real cost savings and efficient solutions to the business and corporate sectors by reducing costs on fixed, mobile and data communication services; improving levels of customer service and provide tailored support systems and offering free independent advice at all times.

This rare business opportunity relates to a growing business sector with plenty of potential for increased turnover. It is fully relocateable and would make an ideal bolt-on to a larger company.

The firm is a member of the local Chamber of Commerce.

Customer Service:

The business achieves great customer satisfaction for the personal service it provides, as this can simply not be matched by the large land-line and mobile telephone providers. The firm benefits the client in that it can offer truly independent advice, as well as experience and industry know-how. This means that the client can be sure to find a solution that is the most cost-beneficial. Customer satisfaction is so high that it often results in word of mouth referrals.

Key Strengths:

The key strength of this operation is that they have a very strong knowledge of every aspect of the telecommunications industry. As such they are extremely accomplished solutions providers and always achieve the very best rates available for their strong base of clients. By delivering total customer satisfaction, the business achieves its own objectives of building customer loyalty and gaining positive referrals.

Another key strength is the flexibility of the firm to change with developments in technology and adapt itself according to the needs of clients. It is uniquely placed to do this because of its size and the level of intimacy with clients.

This activity has enabled the sellers to gather a large and powerful database of customers for further business expansion projects.

Key Opportunities:

The firm currently only advertises by means of its website, therefore there is vast scope to expand sales. The addition of more employees would free up time to target and follow up the large number of commercial enquiries that are received through the lower level of marketing activity that is currently undertaken. The website could be developed further and could be advertised through targeted Internet advertisements.

Considering the fast paced nature of the market sector, there will be endless opportunities to diversify and develop as products change over time. A business of this size with industry contacts and know-how is well placed to deal with these future changes.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Employees: The firm currently employs solely the two Directors as full time employees.

Trading hours: Monday – Friday: 9.00am – 5.00pm Saturday: Closed Sunday: Closed Bank Holidays: Closed

Relocatable: This business can be relocated.

Property: Leasehold

Location
Relocateable

Expansion potential
This is a rare opportunity to acquire a business that has never been on the market and which has considerable opportunities and capacity for further growth. The telecommunications industry is a dynamic, fast paced sector that is always in demand. The business utilises a large database which could be updated and developed to expand the business. The firm is well placed to diversify into related solutions such as Information Technology and Internet, which compliment the solutions currently offered. As the business is relocateable, it could easily be developed into a nationwide enterprise.

Competition / Market
The business advertises through its website and word of mouth recommendations. High satisfaction rates mean that word of mouth is an important source of custom. Expanding the advertising element to the business is an important opportunity for growth.

Support & training
Full business familiarisation, training and handover is available through the owner.

Reasons for selling
Having been involved in telecommunications for a number of years and shaping this company into a profitable, fast growing business has put in place the foundations for sustained growth. The sellers believe the time is right to pass this business on to new owners to build upon the excellent foundations already laid. With further investment this company could grow substantially. The current owner believes it is time for a change of direction.