Successful Inventory Services Franchise

Manchester
REF: 01649

Asking Price:
£29,950
Annual Turnover:
£65,000
Annual Net Profit:
£30,000
Reduced
Recently Sold
REF: 01649
Photo of Successful Inventory Services Franchise

Overview

Tenure:
Relocatable
Established:
2012
  • Excellent Reputation
  • Well Equipped Business
  • Huge growth potential

This is a unique opportunity to purchase one of the most appealing and leading Mobile Inventory (miServices) franchises in the United Kingdom. They provide professional inventory clerk services and software to over 1400 letting agents nationwide. It offers a complete service including Inventories, Assisted Check Ins, Mid Term Inspections
and Check Outs.

The business was the first franchised region in the UK and has grown year-on-year servicing many of the premier letting agents in the South Manchester region.
This company is at the cutting edge of this industry, using the very latest inventory software which has been developed in-house (miProgram). The business has an extensive pipeline and trades to high standards set by the founding owner who wishes to sell to focus on other ambitions.

The business operates within a proven successful business model. The business maximises efficiency and minimises costs through the development of effective cloud based systems and software.
The business can be operated from home to allow for favourable profits however, it is currently based within Regus office buildings which are used for all aspects of business as well as offering a professional environment for meeting clients and conducting interviews.
The business generated it's large and growing customer base through a strong reputation, a first rate customer service and the offer of a niche product. The franchisor offers ongoing support through training, business and legal advice.

Intelligent Business Transfer are delighted to offer this superbly well-developed business to the market for the first time since inception. The business is to be sold at a period of acceleration due to it's recent growth of contracts with local letting agents.
The business has grown cumulatively year-on-year since it was established as part of a successful network of franchises that has stemmed from the miGroup head office in Chester. The owner at present works part-time and there is huge scope for further development if a new owner was to work full time hours.
The business occupies a very firm hold of a desired market within the Inventory Clerk sector and has grown organically, purely via recommendation and word-of-mouth, minimising the costs of marketing to effectively zero. This is due to their unique product and excellent level of service. A proven marketing strategy can be re-established at any point to further expand the existing client base.
The turnover for the business is consistent and growing at a fast pace, there are few large overheads within the business which allows for a tangible net profit that can be adjusted to over £50,000. The third year of trading has shown a large 50% increase in it's turnover which has allowed the company to employ more staff in order to expand. The current fourth year is showing excellent potential with new customers and a projected increase of a further 30%.
Overall, the business would make an ideal bolt-on purchase as well as a great opportunity for owner operation alongside a very competent and loyal team of staff. The current owner is looking to sell in order to meet a set exit plan after over achieving initial success expectations and is happy to provide a lengthy handover period to help any potential buyer in the initial stages.
With strong branding, firm foundations set and on going franchisor support offered, this is an exceptional platform for a new buyer.

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