We have a selection of locations with existing franchisees, who wish to resell their business. This may be due to retirement or to allow them to concentrate on other business concerns – the huge benefit to you is that you are purchasing the Practical brand but in a location with a proven history of trading and revenue, an existing website and phone number, and a database of previous renters. We may even be able to help with premises and vehicles.
Our current resale list is:
Edinburgh
CURRENT TURNOVER:
£208,977
ASKING PRICE: £15,000 +VAT
ESTIMATED WORKING CAPITAL REQUIRED: £20-30 K for add on or £50-70K for stand alone
Havant
CURRENT TURNOVER £240k
ASKING PRICE: £15,000 + vat
ESTIMATED WORKING CAPITAL REQUIRED: £30K FOR AN ADD ON BUSINESS OR £50K FOR A STAND ALONE
Has been operating as an add on business with a monthly turnover of approx. £24k with 28 vehicles. Owner is leaving to focus on core dealership business
Oldham
ASKING PRICE: £15,000 + vat
ESTIMATED WORKING CAPITAL REQUIRED: £30K FOR AN ADD ON BUSINESS OR £50K FOR A STAND ALONE
Perth
CURRENT TURNOVER: £67184
ASKING PRICE: £9500 + vat
ESTIMATED WORKING CAPITAL REQUIRED: £20-£30K FOR AN ADD ON BUSINESS OR £50K – £70K FOR A STAND ALONE
Gillingham
CURRENT TURNOVER: £162k+
ASKING PRICE: £20,000 + vat
ESTIMATED WORKING CAPITAL REQUIRED: £20-£30K FOR AN ADD ON BUSINESS OR £50K – £70K FOR A STAND ALONE
SOME FLEET MAY BE AVAILABLE TO PURCHASE FROM EXISITING LOCATION,
POTENTIALLY PREMISES WILL BE AVAILABLE TO TAKE OVER