With a strong brand name in the Home Improvement industry and the potential to launch in to other industries the business is at a place where it needs to be taken to the next level. Revenues and Profits have increased since the talk of the credit crunch due to increasing the volume of leads provided to the solid customer base.
The management are flexible as to how the company is sold. It could purchased and relocated. The office lease could be taken over keeping the key staff involved. The management would also consider a partial buy out, whilst keeping a stake in the business.
Revenues and Profits are:
Revenue: £840,000
Profit: £300,000
The business is completely self funded with no debt.
The Directors are interested in speaking to people or companies who would consider paying £800,000 for the business.
We will do our best to provide potential buyers with the appropriate information to consider the purchase.
Years established: 4.5 years
Employees: 7
Trading hours: 9am - 9pm
Relocatable: This business can be relocated.
PropertyLeasehold
Lease termsThe lease is for a period of three years, of which one year is about to be completed. The lease wouldn't necessarily need to be taken over with the purchase of the business.
LocationThe office is located on the High Street above some shops. The rent is very reasonable with lots of space to grow in to.
Expansion potentialThe current turnover has come from three industry sectors. Twelve other industries have been recognised as potential areas to go in to. Competitors have proven that leads can be sold in to these industries, with good profits. With the right sales focus and marketing experteese this would result in easy increases to the revenues.
Competition / MarketThere is competition in the market but all of the good customers use us and our competitors because quality leads are crucial to their businesses. There are plenty of lead sources that competitors have used with success and are currently being used by us which are having a huge impact on the monthly profits.
Support & trainingThe management could remain in the business. They would be totally flexible with a view to aiding the sale.
Reasons for sellingThe owners have other interests and feel the business needs an injection of cash to expand or to be put in to an infrastructure in a similar field.
Financing available?We would consider all options to aid the sale.