We have a selection of locations with existing franchisees, who wish to resell their business. This may be due to retirement or to allow them to concentrate on other business concerns – the huge benefit to you is that you are purchasing the Practical brand but in a location with a proven history of trading and revenue, an existing website and phone number, and a database of previous renters. We may even be able to help with premises and vehicles.
Our current resale list is:
Bolton
CURRENT TURNOVER:
May 23 – April 23 £62,000
ASKING PRICE: £9,500
ESTIMATED WORKING CAPITAL REQUIRED: £20-£30K FOR AN ADD ON BUSINESS OR £50K – £70K FOR A STAND ALONE
Will require own location, vehicles and office
Ely
CURRENT TURNOVER:
£120k
Practical Car & Van Rental Franchise established for over 20 years as an add on to a motor trade business. We are looking for an individual to run as an add on to their own business. There is potentially a trained staff member who could be employed for two years as an option to the new owner.
ASKING PRICE: £15,000 PLUS VAT
ESTIMATED WORKING CAPITAL REQUIRED: £20-£30K FOR AN ADD ON BUSINESS OR £50K – £70K FOR A STAND ALONE
Gillingham, Kent
CURRENT TURNOVER:
£162k
SOME FLEET MAY BE AVAILABLE TO PURCHASE FROM EXISTING LOCATION,
POTENTIALLY PREMISES WILL BE AVAILABLE TO TAKE OVER
ASKING PRICE: £20,000 PLUS VAT
ESTIMATED WORKING CAPITAL REQUIRED: £20-£30K FOR AN ADD ON BUSINESS OR £50K – £70K FOR A STAND ALONE