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
Brentwood
CURRENT TURNOVER:
£182,632
ASKING PRICE: £9,500
ESTIMATED WORKING CAPITAL REQUIRED: £20-£30K FOR AN ADD ON BUSINESS OR £50K – £70K FOR A STAND ALONE
Some fleet may be available to purchase from existing location
Dagenham
CURRENT TURNOVER:
At peak £187,180
ASKING PRICE: £9,500 PLUS VAT
ESTIMATED WORKING CAPITAL REQUIRED: £20-£30K FOR AN ADD ON BUSINESS OR £50K – £70K FOR A STAND ALONE
Some fleet may be available to purchase from existing location and premises
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
Lewes
CURRENT TURNOVER: £70k
PRACTICAL BUSINESS WHICH HAS BEEN OPERATED SUCCESSFULLY SINCE 2023.
ASKING PRICE: £9,500 PLUS VAT
ESTIMATED WORKING CAPITAL REQUIRED: £20-£30K FOR AN ADD ON BUSINESS OR £50K – £70K FOR A STAND ALONE
SOME FLEET MAY BE AVAILABLE TO PURCHASE FROM EXISITING LOCATION
Nottingham
ASKING PRICE: £9500 + vat
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