A brilliant business supplying household electrical appliances on weekly and fortnightly payments allowing those who are unable to purchase outright (or prefer not to) to acquire the latest appliances, home furnishings and electronics.
This business was set up in October 2016 however a significant change in the owners personal circumstances leading to a house move to Suffolk has prevented him from developing the business further. Currently it is taking around £14,400 in sales resulting in a profit of circa £6,600. However, this franchise is a Platinum area which even without any clients is valued at £39,000 and so the buyer of this franchise can acquire it at a below market price and with £14,400 of cash flow in place from the outset.
This Local Appliance Rentals Resale has the valuable franchise rights within a 10 mile radius of Blackburn and a demographic that is perfectly suited to this line of business and with 9.5 years remaining on the franchise agreement there is significant scope for the new owner to grow the business prior to the next renewal term.