An outstanding opportunity to build from a strong existing customer base and significantly grow turnover, with strong profit margins
Asking price: £27,000 (includes stock)
About the business
The current owner has been operating since 2015 and runs a one-van operation. A healthy turnover is being achieved on a 32-hour average working week.
The current owner is seeking a new challenge and is ready to transfer the business to an ambitious new owner, who will benefit from the business’s excellent stature with local estate agents as well as enormous growth potential.
The business offers outstanding growth potential thanks to its current structure: a healthy turnover is being achieved on a 32-hour working week and a new owner could quickly grow from a solid customer base, with untapped potential and strong marketing support available from Countrywide Signs head office.
The territory has the capacity to support a much larger turnover, as proved through the performance of our other franchisees in similar demographic areas.
The territory is exclusive (no other Countrywide Signs franchisee can operate there) and covers urban areas including Hinckley, Market Bosworth and Ashby-de-la-Zouch, as well as surrounding areas. Proactive expansion has never been pursued, the current owner relying on word of mouth referrals, which provides vast opportunities for business development.
The business should be run from the new owner’s home, minimising current operating costs and maximising profit margins. A franchisee fee of £21,000 + VAT is also payable by the new owner, which provides comprehenseive training and support on all aspects of running the business.
There is also huge untapped potential for extra revenue streams to be added to existing operations: Countrywide Signs also offer commercial signs for local businesses, as well as sponsorship boards for events. These are proving lucrative for other franchisees who have diversified their income streams.
All the ingredients are in place to expand substantially through new services and by extending current services provided to more estate agents.
For further information and details on the business, please contact Nikki Haythorne QFP via email.
Why invest in an established territory?
As an existing business, there is already a client base to provide an immediate cashflow for the business from day one. You should be looking to increase this local client base, in combination with an increase in work provided by head office from national accounts over the next year.
As well as the goodwill from the existing client base, there will also be a full franchise 'onboarding' package supplied through head office which will include all the tools, equipment, training and everything a new franchisee will need to start and run the business.
“The previous owner has really helped, he spent four days with me to get used to the new routine. Having bought an established territory I immediately had clients to keep happy and I'm working long hours whilst I get used to everything. The opportunity and business model was also easy to understand, the market was clear cut - and future issues such as how online estate agents would not affect the business model were addressed early on. So the honesty from the team convinced me it was the right opportunity.”
Lee Guestford, West Bromwich franchise owner, who invested in a resale opportunity
About Countrywide Signs
Countrywide Signs has been providing board erecting and maintenance services to estate agents since 1998 and has a nationwide network of franchisees. This is a multi-van management franchise with a business model that actively encourages franchise owners to work ‘on their business' rather than simply ‘in the business’.
The Countrywide Signs service is as simple as following the proven system to erect, maintain and take down estate agents' sign boards, with a bespoke online system that simplifies operations and minimises admin. We are the only company in the industry to have attained the ISO9001 quality standard.
As well as estate agency boards, franchise owners have the opportunity to carry out commercial signage work, including hoardings, car parks, sponsorship boards and much more!
This business comes with a full and comprehensive training package to make running the business easy for the new owner, including all tools, the van, specialist financial support and systems training. There will also be a month’s crossover period working with the current business owner to ensure a smooth handover process.
For further information, please contact Nikki Haythorne QFP via email.