- Advert ID: 690025
- (Seller ref: CG039)
Asset Recovery Investigation Tracing & Witness Statement Business For Sale
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Summary
- Asking price:
- £85,000
- Sales revenue:
- £240,000
- Net profit:
- £40,000
- Years established:
- 2007
- Employees:
- The business currently employs the vendor plus 4 full time Asset Recovery Agents.
- Relocatable:
- This business can be relocated.
Business description
This business was founded in 1994 and acquired by the Vendor in 2007 and has grown since to become a significant enterprise with a reputation for the quality of its service and reliability.
The business operates from a prime location in Middlesex but could easily be relocated and has established itself as one of the region’s leading independent Asset Recovery, Process Serving, Witness Statements and Debt Collection company. Many current customers have been loyal to the business since the very beginning.
The business has shown itself to be resilient in the face of competitive and economic forces and has maintained strong and incremental growth over its 14 years of trading.
No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people, which has contributed to the excellent profitability of the business and its current position as it is poised to exploit expected and significant new growth in turnover.
Property information
- Property:
- Freehold
- Location:
- The business is located in an easily accessible area in Middlesex but could easily be relocated within an existing business operation.
Other information
- Expansion potential:
- The current market for this business’s services is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
- Competition / Market:
- The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation.
- Support & training:
- The current owner will provide all necessary training and all relevant contacts to allow continuity of trading
- Reasons for selling:
- The business is for sale due to a serious illness within the vendor’s immediate family
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
related resources
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