Established Referral Networking Business For Resale In East Midlands | | Leicester Leicestershire | | This is an opportunity to own an established white-collar, management franchise opportunity in the East Midlands. The license permits the operation of 10 groups and offers room for expansion. May be split into 2 territories and sold separately. Business for sale Established Referral Networking Business For Resale In East Midlands is located in Leicestershire. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70445
ADVERT IMPRESSIONS : 8,736 TIME(S) | | | | BUSINESS SECTOR: | Franchise Resales | | TRADE TYPE: | Service Resales | | SALE: | Private Sale | ASKING PRICE: | £45000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | The Business for Breakfast franchise meets the needs of entrepreneurs, business owners and professionals by facilitating a relaxed environment for successful business referral clubs across the UK and Europe and by meeting this sustained demand has seen phenomenal growth since inception. Launched in 2001, Business for Breakfast (BforB) is now the proven blueprint for running a successful business referral Franchise. With more than 30 Franchisee’s already reaping their rewards, Business for Breakfast has firmly established itself as one of the UK’s leading and thriving business networking organisations. Become one of our team, and you will own and manage business referral groups in your chosen area offering businesses of all types and sizes a structured and supportive networking environment in which to attract new clients, suppliers and strategic alliances. Each of your groups will be dynamic, focused, energised and, most importantly you will actively see relationships forming and business being done between your members. This is an established Business for Breakfast franchise business with potential for further expansion into a prime territory. The Franchisor will provide comprehensive initial training as well as full ongoing support. Green field (new) territories are available allowing low-cost buy-in to this type of business. As a highly regarded Franchisee of BforB, you will be at the heart of your business sector. You will be elevated into a dynamic, exciting and diverse community of likeminded professionals where your fortnightly groups will become the catalyst for local business success. The retention rate seen at Business for Breakfast is above the industry norm – a fact of which the team is particularly proud. Members reap rewards not just financially through qualitative referrals but through the building of effective business relationships and alliances. Location: The franchised operation is located in the East Midlands. Our franchised territory covers Leicester, Grantham, Peterborough, Stamford, Oakham, Melton Mowbray, Oadby & Wigston. Premises details: This business is run from your own home, no premises are required. Expansion potential: The existing license is for 10 groups in which there are 6 strong groups currently running. If sold as it is as a 10-license business, there is room to grow 4 more groups in the territory. If sold as 2 separate territories licensed for 5 networking groups, each territory will come with 3 existing groups with the potential to grow 2 new groups. Asking price: £45,000 for the 10-license territory or the 2 x 5 license territories £25,000 per territory. Competition / Market: There are very few other organised referral-based networking groups in existence across the UK. There are, however, numerous other ‘networking only’ groups that are often only organised by local Councils or local Chambers of Commerce etc. Reasons for selling: Personal circumstances
Trading hours: Breakfast meetings are bi-weekly and run between 06:45 and 08:30am. Otherwise, general duties are completed between 9 – 5:30 weekdays. Employees: There are no direct employees of the business, however we have sub-contract assistance in the form of a Personal Assistant (admin, telemarketing etc. ) Plus 2 x Local Directors managing and leading several groups each. Years established: The Franchise model was established in 2001. This particular franchise has been being run for 18 months. Franchise opportunity: Please see the details of this franchise opportunity in the opening description above
Franchise terms: The successful purchaser will sign a new, 5-year agreement with the Franchisor
Other information
Support & training: The Franchisor (Business For Breakfast - BforB) will provide a programme of full and thorough pre-launch training as you will be a new franchisee to the network. You will be invited to undertake a one-week induction programme during which you will be introduced to both theory and practical sessions. Your regional team will have ongoing meetings and expert sessions to provide you with the maximum knowledge to empower and develop your BforB Franchise. BforB also provide specialist ‘one to one’ mentoring in your first nine months of business to get you launched and confidently and successfully running your business as soon as possible. Financing available: Financing assistance may be available subject to status. You will also need to have a minimum working capital of £8,000. | | | | | | FOR SALE | | | | | REFERENCE: | 70445 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
