Business for sale

Business description

Advent Business Sales are delighted to offer
to the market this extremely successful
business leasing brokerage concern.
The business, which was founded by our
client in 1990, is only now being reluctantly
offered for sale due to emigration plans.
The business provides an independent
brokering service and offers a wide range of
finance solutions to suit all sizes and types
of customer.
Their customers decide to finance their
equipment rather than an outright purchase
and our client organises the cost and
suitability with up to 15 finance companies.
The business has an excellent reputation and
a very good repeat business from many
satisfied clients, who are spread nationwide.
The brokerage is run and managed by our
client with the part time assistance of his
wife.
Our client is prepared to work with a new
purchaser to effect introductions to the
finance companies and to ensure a
satisfactory transfer of the business.
REF:8956SG
TRADING HOURS
Mon-Fri: 9am – 5.30pm
EXPANSION POTENTIAL
Although our client has a quite exceptional
business, he believes it still has huge
potential to increase both sales and profits
considerably by:
1. Computerising his existing manual
customer database. This would help
with customer referrals, history
checks and with future mail shots.
2. Appoint a call centre to ring potential
customers to enquire if they have any
planned acquisitions for which they
may need finance.
3. Endeavour to form allegiances with
capital equipment suppliers with
them recommending our client as the
finance provider
4. Employ a full time member of staff to
help to support the extra workload,
which the above points would bring
when implemented
5. Advertise in trade magazines
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £290,976
Gross Profit: £273,141
Net Profit: £223,930
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Home run business
TENURE: Home run business
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.