Private Investigation Agency Serving The Legal Profession, Commerce And Private Clients | | Undisclosed Relocatable | | Private Investigation Agency serving the Legal Profession, Commerce and Private Clients Ref.CJ022 Location South East Asking Price £235,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 38693
ADVERT IMPRESSIONS : 165,114 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £235000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business profile:
Well established, highly regarded Private Investigation Agency, currently based in South East. The business specializes in providing a discreet, professional and value for money service. This agency has been established for over 20 years. Although most clients are based in the south east, the agency offers a nationwide service via its partnerships with other agencies around the U.K. This networking strategy provides scope for significant growth in the future.
The business offers all the services normally associated with this industry including process serving, surveillance, tracing missing persons, interviewing of suspects and witnesses for both criminal and civil cases, background checks, providing evidence for road traffic investigations, criminal defence, fraud investigations and repossessions.
It should be made clear that no formal qualifications are required to deliver these services. This is a very well established, easy to manage business with all the necessary systems in place. This represents an excellent acquisition opportunity for anyone looking to enter this sector or alternatively for an existing operator looking to expand in the lucrative south east market.
In addition, unlike most other investigation agencies, the business has expertise in chasing debtors, preparing and serving legal process relating to the Insolvency Act and similar, and collecting debts, although again this service receives little marketing. Indeed collection work has formed a significant proportion of turnover in previous years.
Key Strengths:
With consistent turnover, even in an economic slowdown and with an increasing profit margin, this business benefits from its one-stop shop mentality. The legal profession is able to use this business throughout the U.K. for many essential services. This approach of offering a wide range of investigation services means that the business has regular, repeat business from its long list of current clients.
Licensing:
This company is licensed by the Office of Fair Trading for commercial enquiries and debt matters and is registered with the Data Protection Registrar.
Professional Associations:
The director is a member of the Association of British Investigators. (Leslie, note that only individuals can be members; it takes on average 2 years of experience plus ABI interviews before the ABI is satisfied an applicant meets their requirements and standards, although associate membership can be granted earlier.
The ABI website is http://www.theabi.org.uk/visitor/index.htm . To quote from their site Members are admitted only after stringent vetting. Members must conduct their business in a professional manner and by complying with a strict code of ethics with disciplinary procedures in place to monitor any transgressions.)
Key Opportunities:
At present the business does not advertise much. Most work is carried out for existing customers. There is an immediate opportunity to acquire new clients through marketing and to upsell to existing clients by building new relationships with existing clients.
The business does not currently employ any staff. However there is sufficient demand for the business to grow by employing agents in the south east and further afield.
Premises:
No premises are available with the sale of this business. The operational office could be replicated anywhere, fully re-locatable the business is currently operating from an office at a private address.
Advertising and Marketing:
Being established for approximately 20 years, 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 in recent years. With high levels of awareness, this business enjoys the most cost effective marketing of all, namely word of mouth recommendation.
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 year end March 2009 circa £135,000
Gross Profit circa £94,000.
Employees:
The current owner is responsible for most of the day to day duties required to deliver the service. As previously stated a network of agents is contracted on a self-employed basis to fulfill demand elsewhere across the country. The director has been a Member of the Association of British Investigators (ABI) for over 12 years.
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. | | | | | | FOR SALE | | | | | REFERENCE: | CJ022 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
