FOR SALE
24/09/23
600144
GO2030 / Rightbiz
Business Information Memorandum
Sole Trader
Business Summary
This established franchise, Pestforce is located in the North of the UK is a leader in providing pest control services in its locality. With an impressive client portfolio, consistent revenue, and comprehensive franchisee training, it represents an excellent opportunity for a potential buyer.
Business Overview
Location: Dundee, Scotland
Premises: Operated from home office with commercial vehicle
History: The franchise was purchased by the current owner in 2020 and was a newly established throughout Covid. The first couple of years trading have been impacted due to commercial premises closures offering scope to improve on current sales figures for an incoming operator.
Teritory: All DD and KY postcodes.
Products and Services
Residential Pest Control: Solutions for common household pests, rodents, and insects.
Commercial Pest Control: Services for businesses, warehouses, and commercial spaces.
Pest Prevention: Periodic inspections and preventive treatments.
Market Overview
Target Market: Homeowners, local businesses, and property managers in Dundee.
Market Trends: Growing awareness of pest-related health hazards is driving demand for professional pest control services.
Competitive Landscape: Few competitors offer as comprehensive a range.
Operations
Suppliers: Established relations with top pest control product manufacturers.
Technology: Utilizes the latest pest control equipment and the franchisers proprietary client management software.
Staff and Management
Key Staff: The business is operated full time by the current owner.
Qualifications: All training is provided by the Franchise holder and there is a franchise fee of £10,000 to be paid by the new owner.
Equipment: The business comes with a leased vehicle with full livery, all equipment required to be operational from day one including ladders, sprayers, traps, boxes and chemicals etc…
Reason for Sale and Terms of Sale
The owner is pursuing other business opportunities and is looking to sell this established franchise to a dedicated entrepreneur or investor. They seek a smooth transition with handover period available.
SWOT Analysis
Strengths: Strong brand recognition, trained staff, and a loyal customer base with 24 current contracts providing a regular income stream.
Weaknesses: Limited to geographical franchised area for full franchise, although can pay commission for outside areas.
Opportunities: Expansion of services, increased marketing efforts, and leveraging online channels for bookings. Purchase of additional franchised areas to grow the business.
Threats: New entrants in the market, changes in environmental regulations.
Appendix
Detailed financial statements, client contracts, lease agreements, and staff profiles available upon request.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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