Asking price: £49,000

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This is a franchised business with great potential and low overheads, which holds up well in a recession.

Asking Price includes:

• The licence to operate the franchise in an exclusive area containing 250,000 properties in prosperous south and southwest London including London Bridge (SE1), Fulham, Earls Court, Battersea, Clapham, Balham, Wandsworth, Tooting and Streatham.
• An annual contract base with a value of circa £30k.
• Advertising in the Yellow Pages directory until June 2010, the BT Book until February 2010 and Thompson Local until December 2009.
• A microsite on the franchisor’s website that is promoted on Google.
• Clients include a major building company, a world-famous fashion retailer and a well known estate agent.
• Client base that is a good mix of commercial, office and residential addresses.
• Goodwill and brand recognition in the local area.
• Opportunity to grow and develop franchise as a managed business with a team of technicians.
• Opportunity to service national contracts won by the franchisor and other franchisees.
• Handover by existing owner.

Business Profile:

This is a sound business with a steady flow of income - even in this tough, financial climate it has real potential to grow. It needs the right person to expand it and take it to the next level by employing technicians and additional sales people. The business prides itself on its friendly, professional service and enjoys a high number of customer referrals.
Prokill London Southwest is a regional franchise of Prokill, the UK’s fastest growing pest control company, which means it boasts a rapidly expanding client base and a respected reputation. Prokill has invested heavily in its eye-catching branding and has all the major accreditations including the BPCA, Exor and ISO 9001. Prokill provides its franchisees with technical and sales support and undertakes invoicing and debt collection on their behalf. It also has a recently redesigned website: www.prokill.co.uk.

Key strengths:

• Demand for pest control remains steady during a recession
• Pest control is a ‘must have’ for a lot of businesses
• Steady level of enquiries
• Low overheads
• Good profit margin
• Opportunity for growth
• No previous experience or technical knowledge is required as franchisor will provide training at an additional cost
• Franchisor undertakes invoicing and debt collection on behalf of franchisees, enabling franchisee to focus on sales and growing their businesses
• Franchisor has a well-designed and attractive website
• No need to rent premises – the business can easily be run from home
• Strong branding

Related website: http://www.prokill.co.uk