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National Business Transfer Agency Franchise

Unknown Relocatable
Everett Masson & Furby is a long established national group of business transfer agents with over 40 years of experience, specialising in the sale of all kinds of businesses. The network of 18 offices covers the whole of England and Wales. Each office covers a defined area enabling the group to keep abreast of local values and demand. The company acts as agents for the marketing of all types of going-concern business, but the group is historically particularly strong in the retail sector: newsagents, general convenience stores, grocery stores, bakeries, off licences, post offices, restaurants, fish & chip shops, cafés and tea rooms. The group also sells public houses, hotels, guest houses, automotive businesses, hardware, florists, hairdressers, dry cleaners, laundrettes, leisure businesses, plus some empty and investment premises. Lease to let or rent National Business Transfer Agency Franchise is located in Relocatable.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 18037
ADVERT IMPRESSIONS : 54,617 TIME(S)

 
BUSINESS SECTOR: Services
TRADE TYPE: Other
SALE: Private Sale

LEASEHOLD:

£25000
 

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BUSINESS DETAILS:

Franchisees enjoy a significant amount of autonomy within the Group but benefit from being part of a dynamic group with a well respected and recognised name. Franchisees gain from the valuable support and advice from Head Office and the combined experience and support of other franchisees. Group marketing is undertaken and head office generates regular supplies of marketing material. Head office co-ordinate national and trade advertising and administer two very successful national business web sites. MARKETING
The Everett Masson & Furby brand is well established within the business community with many people who bought their business through EM&F coming back when they are ready to sell. Regular mail shots are undertaken to the most popular categories of businesses from our up-to-date databases. This has proved to be the most effective method of gaining new instructions onto the business register. The Group’s weekly national advertising in Daltons Weekly is a tried and tested method for selling businesses, but it also attracts enquiries from potential new clients. This is supplemented by local advertising in the Newcastle Journal, Middlesbrough Evening Gazette, Cumberland News, Westmorland Gazette and regular advertising in the various trade magazines. TRADE
Income streams include:

(1) Marketing fee: An initial marketing fee of £250 is charged for all new instructions. This includes placing of the first 6 press adverts. (2) Advertising charges: Following the initial advertising period, adverts are charged out presently at a rate of £40 per advert with invoices being issued quarterly. (3) Valuation fees: Clients occasionally request valuations in circumstances where they do not wish to place their business up for sale with EMF. These valuations can be for accounting or marketing purposes. Charges vary with the complexity of the valuation request. (4) Commission: Standard commission is 2% of the agreed sale price for most business types. A rate of 2½% applies to the leisure industry including public houses, guest houses, sports clubs etc plus any unusual business types. A minimum fee of £2,500 applies. (5) Finance introducing fees: Introduction fees are paid by various lenders who produce finance for business purchasers. EM&F North East use the Royal Bank of Scotland who pay 50% of the arrangement fee. A similar arrangement is in place with Lloyds TSB. (6) Stocktaking introducing fees: EM&F North East has an arrangement with Hallam Associates for referral of business on handover. A commission of 10% of their fees is paid. Payments to EMF Group
(1) Head Office support is funded by payment of a royalty charged on completed sales of 10% of the sales commission. (2) A monthly marketing promotion fund levy is charged which funds nationwide trade advertising in periodicals such as the Fish Fryers Review, the Fryer & Fast Food, Retail Newsagent and the Retail Express etc. The amount of the levy is agreed by the Franchisees and is presently £125 per month. (3) Charges for inclusion of each franchisees business on the EMF Group and Daltons Weekly websites are passed on the franchisees and are currently £60 per month.
   
  EXPIRED - AWAITING DELETION
   

REFERENCE:

18037 / RightBiz
   
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