Established Drainage Franchise in Suffolk for Sale - Rare Opportunity for Growth
Undisclosed, Suffolk
- Status
FOR SALE
- Date Submitted:
18/03/22
- Advert ID
292412
- Reference
12693-531027 / Rightbiz
- Call Agent:
- Asking Price: £240,000
- Turnover: Not Applicable
- Net Profit: On request
Business Details
Established drainage franchise resale
This is a rare opportunity to acquire an established and profitable drainage business in the eastern region.
This is not a start-up business; over the last 8 years the franchise owner has built a highly reputable drainage business with regular repeat business and a strong pipeline. Recently, the business was awarded a 15-year contract for the supply of drainage services.
The business operates as a franchisee of the fast growing Dalrod Drainage Solutions network and the current owner wishes to retire and is looking for a successor to take this operation forward.
Currently covering several counties, the business has significant potential for increased profitability by adding to the team. For buyers looking to purchase a profitable and expandable franchise, this is a superb opportunity.
The business is focused predominantly on the commercial/B2B sector and the incumbent owner can be assured of full support from Dalrod head office with many of the administrative tasks being handled there on the new owner's behalf.
Further details available on request.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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