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:
Aberdeen
We are looking for new representation in Aberdeen as the current owner wants to retire.
- This well established franchise has been very successfully run as an add on business for the last 14 years, with average turnover in the region of £110 000.
- The asking price is £10 000 + VAT
- The new owner would have to secure premises with an office and secure parking for cars and vans.
Bedford
We have a new opportunity for the right franchisee in Bedford. We have had representation in the Bedford area for many years but has recently become available.
This well established territory has been very successfully run as an add on business in recent years but could also work as a stand alone operation with the right franchisee. Practical car & van rental has been established for 38 years and has a network of over 150 locations throughout the UK and Ireland.
The asking price is £10,000+VAT.
The new owner would need to have suitable premises with a small office and secure parking for cars and vans and have the appropriate funds in place. (estimated £30,000 for an add on business and £50,000 for a stand alone business).
Bristol
We have a new opportunity for the right franchisee in Bristol.
Practical car & van rental has been established for 38 years and has a network of over 150 locations throughout the UK and Ireland.
The asking price is £15,000+VAT.
£20-£30K FOR AN ADD ON BUSINESS OR £50K – £70K FOR A STAND ALONE
Burnley
THE EXISTING OWNER CANNOT FOCUS ON THE RENTAL BUSINESS DUE TO OTHER BUSINESS INTERESTS AND WOULD LIKE TO CONCENTRATE ON MAIN BUSINESS.
£12,000 PLUS VAT
Congleton
We are looking for new representation in Congleton as the current owner wants to retire.
This well established franchise has been very successfully run as an add on business since 1992, with average turnover in the region of £76 000.
- The asking price is £10 000+VAT.
- The new owner would have to secure suitable premises with a small office and secure parking for cars and vans.
Elgin
PRACTICAL BUSINESS WHICH HAS BEEN OPERATED FOR 14 YEARS ALONG SIDE A VEHICLE SALES BUSINESS.
£9500 PLUS VAT
Fort William
We are looking for new representation in Fort William as the current owner
wants to retire.
· This well established franchise has been very successfully run as
an add on business since 1997, with turnover in the last 12 months in excess
of £67 000.
· The asking price is £10 000 + VAT
· The new owner would have to secure premises with an office and
secure parking for cars and vans.
Hatfield
We have a new opportunity for the right franchisee in Hatfield, Hertfordshire.
Practical car & van rental has been established for 38 years and has a network of over 150 locations throughout the UK and Ireland.
The asking price is £10,000+VAT.
£20-£30K FOR AN ADD ON BUSINESS OR £50K – £70K FOR A STAND ALONE
Oxford
We have a new opportunity for the right franchisee in Oxford.
Practical car & van rental has been established for 38 years and has a network of over 150 locations throughout the UK and Ireland.
The asking price is £15,000+VAT.
£20-£30K FOR AN ADD ON BUSINESS OR £50K – £70K FOR A STAND ALONE
Preston
We have a new opportunity for the right franchisee in Preston.
Practical car & van rental has been established for 38 years and has a network of over 150 locations throughout the UK and Ireland.
The asking price is £10,000+VAT.
£20-£30K FOR AN ADD ON BUSINESS OR £50K – £70K FOR A STAND ALONE