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BUSINESS REFERENCE : CJ019 / RightBiz CJ019 -RELOCATABLE-£ 525,000-INTERNATIONAL INVESTIGATION SERVICE FOR THE LEGAL PROFESSION,COMMERCE & PRIVATE CLIENTS | | | | | | International Investigation Service for the Legal Profession,Commerce & Private Clients Ref.CJ019 Location Fully Relocatable Asking Price £ 525,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Legal Business | | SALE: | Agent Sale | LEASEHOLD: | £525000 | | | | | | | | | | | BUSINESS DETAILS: | Well established, high profile international investigation and private detective agency, which covers Ireland, Europe and the States. The business prides itself on providing discreet, professional and value for money advice. Well known and amongst the best, this is the agency others go to when they need advice and guidance.
This agency is extremely professional with many years of experience and provides a fast, efficient and comprehensive service to Private Clients, the Legal Profession and Commerce throughout the United Kingdom & Abroad. With no geographical boundaries and the ability to combine these skills to meet the individual needs of each client, this sets the business aside from its competitors to make it one of the most successful and high profile private investigation agencies in the UK and abroad.
Business is split with approximately 70% of new clients requiring international assistance and 20-25% being local.
This business offers all the services normally associated with a business operating in this sector including tracing services, matrimonial surveillance and enquiries, background checks, neighbourhood reviews, process serving, legal disputes as well as criminal investigation work – alibi enquiries, witness statements, appeal work etc.
Training is central to the business ethos and it recognises the importance of thorough and continuous professional development in the provision of superior service. Regular internal training sessions are held, as well as supporting external assessments under the UK Government recognised National Vocational Qualification in Private Investigation.
All staff whether in an operational or support role have passed its rigorous training programme, which has been carefully developed to ensure all activities are carried out within the law, both criminal and civil. All enquiries are conducted with due diligence, courtesy and in the strictest confidence with any surveillance conducted in line with all current laws and regulations concerning Human Rights, Data Protection and employment.
This is a very well established, easy to manage business with all the necessary systems in place and with a turnover in excess of £360,000. This represents an excellent acquisition opportunity for anyone looking to enter this sector or alternatively for an existing operator to enhance their current operation and extend their market share.
Customer Service:
The business mission is to act on behalf of the client, with the utmost professionalism, dedication and discretion.
Licensing:
The licensing of private investigators is being introduced in both the UK and Ireland.
This company is licensed by the UK Office of Fair Trading for commercial enquiries and debt matters and is registered with the Data Protection Registrar in both the UK and Ireland. Being a strong advocate of licensing for private investigators, the company firmly believes it is right for the customer, providing assurance that both the individual investigator and the agency meet defined standards of service.
Professional Associations:
The membership of professional associations is fully supported by the company. All company investigators are members of the World Association of Professional Investigators (WAPI).
Key Strengths:
This very well established and well known business has an excellent reputation and is acknowledged throughout the industry. This business is ideally placed to service its local Clients and neighbouring counties and has a strong network of agents in place able to cover the whole of the UK and overseas when necessary. All staff are highly trained, very experienced and highly knowledgeable. Not surprisingly this business can boast excellent success rates.
This business has a wide range of Clients – both Corporate and private and has a base level of activity already in place, currently operating at capacity, and as a result predictable revenues for many months moving forward.
Key Opportunities:
There is an excellent opportunity to build on the existing business. With strong demand for international services, and being well known in Ireland, Europe and the States, further investment in advertising and additional staff could certainly increase turnover. A new owner would contribute fresh ideas and outside influence to build on an excellent base.
This business is currently operating at a level very close to the owners personal management capacity. As a result there is a large volume of work available to this business, which it doesn’t currently pursue due to capacity constraints. The current Owner believes that with more dedicated and committed management and additional resources in the areas of manpower, sales and marketing, for example, the turnover of this business could easily double if not treble with an attendant impact on profitability.
The possibility of extending the franchising network is currently being explored as the business is flourishing and is experiencing a sustained period of rapid growth. The owner firmly believes that an annual turnover of circa £1Million pounds could be achieved by exploring all the avenues available.
Premises:
No premises are available with the sale of the business. The operational office could be replicated anywhere, fully re-locatable the business is currently operated from an office at a private residence.
Advertising and Marketing:
Being very well established, this business is in the enviable position of enjoying very high levels of awareness throughout its sector. As a result, the business is currently working to capacity and has invested little in marketing and advertising in recent years. With such high levels of awareness this business enjoys the most cost effective marketing of all – word of mouth recommendation.
The business has a website which the owner recognises would now benefit from being updated.
Financial profile:
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.
Turnover for the financial year ending 2007 was slightly in excess of £340,000 generating a gross profit of circa £290,000 per annum
Employees:
A family run business the owner currently employs an assistant office manager, two part time office staff, with his wife in a supervisory role.
The business has a very strong network of circa 100 operatives in Ireland who can be sub-contracted for local and International work. Employees are on self employed contracts.
Support and Training:
The current owner will provide full support and a handover to ensure a smooth transfer of the business to the new owner.
Reason for Sale:
The business is for sale only due to the present owner’s health. The owner now wishes to take life a little steadier and recognises that the business could grow significantly by the influx of new marketing skills. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | CJ019 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
