BFS1227 - Licensed Mobile Sharpening Business
Business for sale
Business descriptionLicensed Mobile Sharpening Business
Ref : BFS1227
Company name : Knife Man Direct
Location : Surrey, England, United Kingdom
Asking Price : Offers Invited
Annual Turnover : £85,000
Gross Profit : £35,000
About the Company
Knife Man Direct is a mobile knife sharpening business covering the London, Surrey and Sussex areas. The company has been running for 12 years and is currently run solely by the owner. We are looking to licence out the business with the intention of the applicant taking it on and running it as their own. The new licensee would be expecting annual revenue of £75,000 - £85,000 with the potential for growth. Within the licensing agreement, the applicant will have access to all required equipment e.g. sharpening machinery, work vans, running systems and exclusivity of the online marketing presence for the designated regions. The owner of the business has set up a separate company that online markets for the sharpening trade and is looking to expand and grow in this area. Knife Man Direct would run alongside this new business as a contractor. There is an option of a shared office, rent free, for the foreseeable future. The owner is looking to spend time with the licensee to offer guidance and support and views this as a partnership and long term investment.
Knife Man Direct currently only services knives for customers; however the owners new online marketing brand has diversified in to multi tool sharpening for other tools. If the applicant was interested in branching out the owner would be happy to cover the cost of the equipment and include it in the current licensing agreement. Alongside this there is also the opportunity of product sales if the applicant wishes to go in this direction. Based on a £75,000 revenue you would be expecting a Gross profit of £35,000 after running costs. While the owner is willing to support the applicant, it is important that they are a self-motivated and people orientated individual. Profitability can be largely influenced by the efficient running of the business. The owner is also open to suggestions on ways to develop the business further.
This is a unique opportunity for an individual to get involved in a business without any upfront costs. The only requirement is £3,000 operating capital to facilitate themselves while waiting for companies to pay. The current owner is more than happy to keep the business licensed to the applicant going forward as long as the revenue is kept at a healthy level.