This is an excellent opportunity to purchase a popular and respectable sport funding company that enjoys high levels of business from its sizeable customer base.
Perfect as a bolt-on acquisition for an industry-related business, a new owner is presented with viable options for expansion. With a vast amount of free funding available to sports clubs and educational sites, as well as future revenue guaranteed through secured contracts, there has never been a better time to buy this business.
The growth in funds available to clubs, and in turn the opportunity for business growth, is increasing year on year. The Premier League, Football Foundation and Department of Education HPCF Fund has increased funding into football, enabling the business to secure £1.1m in April 2018 for its clients. This has generated £100k in new secured contracts that will be fulfilled by the company over the remainder of this year.
Further advertising through social media, as well as actively seeking more clients would help to increase the company’s overall income. Offering building services alongside current funding would also potentially add another stream of revenue.
As the current business owner is willing to stay on for a transitional period, the new owner would be given a full handover.