Based Midlands - serving Central England and Wales
Turnover: £300k+ (high proportion of recurring revenues)
Net Profit before Tax: £100k+
Purchase Price: for negotiation
FDS Midlands provides a full range of consultancy and recruitment advertising services which are all targeted at the lucrative franchise market. This well-established and highly respected limited company has operated successfully for a period of 15 years, serving the whole of Central England and Wales. The company helps businesses of all kinds to expand via franchising and also assists established franchisors to recruit their franchise operators. Its main platforms for advertising are The Franchise Magazine and The UK Franchise Directory (this website), both of which media are fully owned and operated by the franchisor FDS Ltd.
The new owner will require good sales, business and presentational skills ideally -but not necessarily- combined with some personal experience of the franchise industry. The business is currently operated from a home office by one person working full-time and, under the terms of its franchise licence, must continue to be located within the East or West Midlands region.
During each of the past five years, Sales Turnover has been more than £300k and Net Profit before Tax has exceeded £100k. Much of the advertising revenue is of a recurring nature and relationships with the clients have been built on mutual respect over a number of years. There is also considerable potential to further increase the amount of consultancy work undertaken because recently this has been limited by ill health of the present owner.
The Purchase Price will be realistically negotiated as an agreed multiple of Net Profit before Tax and the actual purchase could be phased over an agreed period between 6 and 12 months. During this hand-over period the present owner would be happy to provide a substantial amount of training and personal hands-on assistance with all aspects of the business.
For all enquiries please call Ken Young in confidence on 01543 483509 or email fdsmids@supanet.com
Published: 26 August 2009
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