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BUSINESS REFERENCE : CG037 / RightBiz CG037-RELOCATABLE -£495,000-INTERNET TAX REBATE SERVICES FOR INDIVIDUALS | | | | | | Internet Tax Rebate Services for Individuals Confidentially offered for sale Ref No: CG037 Location: Relocatable Internet Based Business Asking price: £495,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £495000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
On line since 2002 and becoming a limited company in 2004 this portal was launched to offer a nationwide service for individual tax payers. The portal provides a professional and confidential tax rebate service.
As Inland Revenue agents the business has been dealing with PAYE taxation since 1987 and following increased demand from individual tax payers this on-line service was launched to enable people across the United Kingdom to register for the services. Claims are handled for people form all walks of life including teachers, administrators, civil servants, tradesmen etc., and for people who have spent time or lived abroad.
Business is handled in an extremely professional way, individuals log on-line to register their intention of claiming a tax refund. Information on line includes tax rebate examples, frequently answered questions, tax questionnaire for completion, tax answers for overseas visitors, non resident tax details and child tax allowance information.
The excellent and efficient service is provided on a no rebate, no fee basis and the success fee for a claim is 30% of any rebate including VAT.
There is millions of pounds worth of unclaimed tax rebates with the average rebate being in excess of £900.
Key Strengths:
Having been online for over six years the site has received strong word of mouth recommendation. As one of the longest running guide sites on tax refunds on the internet, the site has a tremendous advantage in that Google gives much more weight to already established websites to direct its users to.
This website offers some of the most comprehensive and easily accessible UK taxation information on the web - and if the subject isn’t covered on the site itself then prominent links direct a user to the very best alternatives.
This site ranks highly on Google and other search engines for many key phrases entered by people looking at tax problems leading to many unique visitors a week. It also produces has links for other related enquiries.
With its combination of longevity on the Internet, its content and incoming links the high standing of this site with Google and all the other major search engines is set to continue.
Key Opportunities:
Few experts doubt that the Internet will continue to grow as the source of choice for individuals to search for information.
As far as the linking structure and navigation of the site is concerned there is very little required to be done, however, there is significant room for improvement in areas which will not affect Google and the other search engine’s view of the site.
With little time available to the current owners and a lack of expertise in selling the leads generated by the site, there has not been as much time spent on lead generation on the site as there might have been. Extensive testing of the conversion of visitor-to-lead rates by adjusting sales copy, form colours and so on would significantly improve conversion rates on the site.
Employees:
The owner is responsible for the day-to-day running of the business supported by one full time assistant and one part time typist
Advertising and Marketing:
The superb website has both experience and expertise in internet marketing and has a proven track record in paid and natural search campaigns across the major serach engines such as Google, Yahoo! and MSN.
The excellent website is designed for simple, user friendly, to the point, easy to use,. The website is fully secure and confidential giveing clients total peace of mind and offers the convenience of using the service at home or at work, 24 hours a day, 7 days a week. The website is divided into separate categories with an easy search and find facility.The website is specially developed and integrated to achieve maximum efficiency, minimal staffing and exceptional customer service.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Annual turnover is circa £675,000 and growing with Gross Profits of circa £200,000 and Net Profits of circa £120,000
Reason for Sale:
After more than six happy, prosperous years in the business, the current owner, following the successful handover of the business, will be relocating to his new home Australia. The business comes fully operational and the successful purchaser with drive and energy cannot fail to carry this business forward.
Support and Training:
The current owner will provide full business familiarisation, training and handover to ensure a smooth transfer of the business to new owners. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | CG037 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
