Business for sale

Business description

Successful business in North West London for sale with significant potential for further growth. This is a unique opportunity to purchase a business that has been extremely well established by the current owners over the last four years but still retains potential for further growth. Due to the owner’s plans to relocate abroad in the near future the business is reluctantly offered it for sale. The business is part of a national network of franchises specialising in fire, flood and accidental damage restoration and carpet and upholstery cleaning services. As a leading service provider to the top insurance companies and loss adjusters in the UK, this business has over 120 franchises nationwide. The business was started in 2004 and is now in its third year of trading employing two members of staff, excluding the owners. The owners primarily concern themselves with the management of the business with minimal hands on involvement on a day to day basis. The business operates from established premises and is fully equipped with all necessary vehicles, equipment and stock. The current owners have been proactive and aggressive in marketing strategies targeting local companies, large industrial operations and the domestic market. As a result a steady stream of orders is received from these sectors. Relationships have been established through quality workmanship which has resulted in continuing repeat business. Full Prospectus of Sale with business details and accounts are available but trading results for the year 2006/07 and current management accounts for the period April to December 2007 indicate an annual turnover of around £300,000 with a net profit before tax and drawings in the region of 25%
Building & Property
Building: n/a
Real Estate Available: No

General Information
Reason for Sale: Due to the owner’s plans to relocate abroad in the near future the business is reluctantly offered it for sale.
Franchise: Yes



ListingID#: CENLOGL001-N88