There is an almost limitless quantity of potential additional clients so if the new owner wished to grow the business there is the potential to do so, otherwise the asking price is set at this very tempting level to enable an entrepreneur to recoup the entire purchase out of the ongoing cash flow over a relatively short period of time.
The business has a low inventory and stock value and long serving staff who would provide continuity to the new owner.
As part of a national franchised group the buyer would have to cover the cost of a new franchise license of £10,000 and legal fees of £900 on top of the purchase price.
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