Investment & Financial services for sale in Derby

View the "Relocatable Commercial Debt Collection Agency" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We were searching for a retirement business opportunity and we found it on www.daltonsbusiness.com 

Mr & Mrs Neville (Sept 2013)
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Asking price: £50,000 Price Reduced Annual Turnover: £42,000
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Business Description


Intelligent Business Transfer are excited to offer to the market this very rare opportunity to purchase a commercial debt collection agency that can be relocated to any location within the UK by a potential buyer.
The business has been established for four years, and within this time has gained a superb reputation amongst its clients whilst growing on a month-by-month basis. Since the business began trading, the business has consistently hit the Annual Turnover figure of £50,000 with a healthy adjusted net profit sum, due to the minimal overheads the business has. This has been achieved by the businesses forward thinking approach to advertising the business via social media networks and its modern website. The business has a strong presence on Twitter, Facebook and LinkedIn and is at the top of most organic internet searches for their field. The business has also used these tools to build up a loyal customer database of over two hundred clients.
The business offers commercial debt collection services to businesses throughout the UK. There will always be a demand for the business regardless of the current or future financial climate. The business has built up long term relationships with clients across the UK and as far afield as the US.
Despite the strong foundations for future success, there are several ways in which a potential buyer could significantly improve the Annual Turnover and Net profit margins. The business currently charges its clients between five and ten percent commission for their services, which is much lower that the industry standard of fifteen percent commission. If this were to be increased in line with competitors, this would significantly increase both the annual turnover and net profit margins. There is also scope to introduce financial services to their clients, in order to compliment their current range of services and take full advantage of their loyal customer base, once again resulting in a significant increase in the business’s financial figures. The current figures have been achieved with limited advertising and would benefit from the employment of a sales representative and advertising via more traditional methods such as local and national press.
The owner is selling this business as he wishes to pursue other business opportunities. The business is on the verge of substantial growth and is in need of an owner with the drive to manage this growing business and implement the changes mentioned above. This business would suit an entrepreneur or a company looking to expand into commercial debt collection or any of the other avenues this business has to offer.
We strongly advise an early viewing of this business to avoid disappointment.
Number of Employees: 1

Listed by: Intelligent Business Transfer
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