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If you are looking for something a little different, an opportunity which ticks lots of boxes and with much more to offer to owner-operators and investors alike then read on as this may be the one for you. A lifestyle business but with the clear potential to grow to be a national market leader, the options are there for a new owner to either continue to enjoy a very good income on a relaxed home-based basis or to expand across the country and reap the benefits that will no doubt bring.
THE BUSINESS ITSELF
The business was established approximately 9 years ago by the current owner, having grown from being just herself offering a baby-sitting service to the company it is now, with some 200 sitters registered with them. A range of services are now provided including all forms of child care, nanny placement, pet sitting, dog walking and adult companionship. Currently operating predominately in Suffolk, Essex and Cambridgeshire as well as into Norfolk and Herts there is further scope for growth in these areas as well as the option to push into the surrounding counties or to launch nationally.
The current owner has had a bespoke CRM system built for the business which is linked into the company website and allows for bookings and payments to be made on line. This has enabled the administration and process led requirements of the business to be undertaken far more efficiently thus freeing up the owners time for other purposes. It has also though given a solid foundation on which the business can be built upon and to allow it to cope with being rapidly expanded. This is a key component of the business and can be further developed to make even more processes automated and to provide additional reporting and accounting information.
The latest prepared accounts show a turnover in the region of £150k with high margins for both G.P and N.P which demonstrate that the business is delivering the returns one would hope for. Given the basis on which it is currently operated this makes those returns even more impressive. Income is generally split around 70% for regular and fixed contracts and 30% for ad hoc and one-off clients. Payments for services are made in advance which is understandably a big plus point. Currently providing services for on average 60 clients a month, with some paying as much as £900 a month in fees for childcare, it is clear, that by growing the business, even by a small number of clients a month, that significant additional returns could be generated.
Formal agreements are in place for long term services with both the clients and sitters providing peace of mind for all parties. All sitters are DBS checked, referenced with full profiles provided and all bookings made through the business are fully insured. Whilst this may currently be a home-based lifestyle business it should not be under estimated how professionally set up and run it is, again providing a sound basis for it to be grown.
The business, as already stated, is being run from the vendors own home and as such is not being sold with the benefit or liability attached to a lease. Given the nature of the operation it can be relocated to any place in the country without impacting on either clients or sitters. In todays world it is even possible to continue to run the business from abroad should you so wish!
The sale will include the complete CRM System with integrated database, all domain names and intellectual property associated with the company and of course the goodwill currently enjoyed. Full training can be provided as well as initial support if required.
Should a hand off investor be interested in a joint venture with the existing owner, whilst providing the backing to enable the business to be launched nationally, then please contact us to discuss further.
Can be run from home anywhere in the UK
This can be wherever the buyer is based and can be a home office or another office location of their choosing.
Possible to expand the company throughout the UK using the current business model OR using a franchise model (company is already trademarked and has franchise documentation ready to go)
Other agencies who provide child, pet, home care or companionship. However, we believe we are unique in the market in terms of offering all these services under one company.
Looking for a new challenge
Services are offered 24/7 - although the office hours can be worked to suit the buyer.
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