Other Service Businesses for sale in Harrogate

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S Martin (Feb 2013)
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Asking price: £650,000 Price Reduced Annual Turnover: £225,000 Annual Net Profit: £120,000
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Business Description

Intelligent Business Transfer is delighted to offering this dynamic and hugely successful cost saving energy brokerage to the market for the first time since inception.
The business, which specialises with helping reduce businesses heating and energy bills, is to be sold at a positive period of cash flow with an abundance of regular and repeat clientele readily available to any purchaser. It currently functions 3 days a week and there is scope to double the current revenue
The business has gained consistency financially and due to the loyalty of its client base, would allow for a solid investment at full asking price. The name of the business is the step of the business' fresh approach to what was once a crowded industry, the approach that follows this name is purely of efficiency and has been positively received by the loyal client base, and energy suppliers respectively. Due to this, the business has a regular turnover that fluctuates between £220,000 and £250,000 as an average. The key element of the financials is the net profit and adjusted net profit margins, where the latter has been as high as 90%. This allows for a conservative EBITDA of £200,000+. As a ratio, this would suit an acquisition purchase as a bolt on to any current cost saver. The business has a network of aggregators whom in turn facilitate the applications and quoting process from client to provider. The current owner is looking to sell the business with a team of staff and full operating system at a time of profit in order to focus on other ambitions away from the industry.
Listed by: Intelligent Business Transfer
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