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This business is enjoying strong year on year growth from new contracts supported by a customer base of recurring clients. The business enjoys a retention rate of existing customers of over 95% as an average each year.
Growth is driven largely by reputation, which is excellent, but this business can utilise simple new business generation tools with great effect, largely because the customer base is broad and demand so consistent.
The management structure within the business is well defined and autonomous, with the current owner working in a Directors role where he mostly manages by exception.
The profit is also growing as the company takes advantage of economies of scale and the benefits provided by thorough, established processes. Even though the company is continuing to expand the growth potential remains excellent, given that the territory covers three main centres in South Humberside and East Yorkshire, with more available.
The owner is looking to retire and is happy to consider any sensible vendor financing options.
In summary, this is a well-established company with an enviable reputation, that enjoys a recurring revenue stream, managed by an experienced management team and supported by an interactive franchisor, enjoying expansion with huge additional potential.
If you are looking to invest in your future, this could be the perfect opportunity.
This business is run from the owners home, where he has his office. The management staff are based in the field, as are the workforce, making a traditional office unnecessary.
The current revenue is over three main centres and the business penetration is currently quite low and growing aggressively. The main new business sources are utilised well but for short bursts of time. A new and dynamic plan for expansion could see the business grow even faster.
There are competitors, but this company enjoys a very strong trading name and reputation nationwide. The company is also able to deal with national contracts as they have franchisees across the whole of the UK.
The owner is looking forward to a well deserved retirement and is looking for someone to expand on his success.
Normal office hours for the owner, two days a week.
The current owner will give a full handover supported by training with the franchisor. The franchisor will give ongoing support for the life of the business.
The owner will consider sensible options for an initial payment followed by a staged buyout.
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