Retail franchise resales for sale in Reading

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An Established High Profit Franchise Business

Reading, Berkshire, England

  • Price: £59,950
  • Annual Turnover: £96,000
  • Annual Net Profit: £25,000
Seller Reference: PAX0203695210
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Business Description
 
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Seller Reference: PAX0203695210
Request Details
Business Description
Reading Local Appliance Rental franchise, established 2 1/2 years ago is being marketed for sale with a customer account value (13/01/2020) of APPROX £99,000. Selling due to relocation.
LAR franchises provide an affordable consumer lease service, helping families to lease the latest appliances, TVs, electronics, furniture and more. Products are purchased on behalf of the customer, who then commit to a 1, 2 or 3 years consumer lease.
The franchise model is established for 10 years. There is a network of 150 franchisees globally (30+ are in the UK) and is a highly profitable opportunity.
The Benefits of a Local Appliance Rental Franchise:
• A proven business model.
• A scalable franchise.
• A home-based business. Unlike most consumer-facing franchises, our business model doesn’t require a retail presence... You can work from home, investing your hard-earned capital on an as-needed basis into revenue-producing rental assets.
• Work / Life balance. The nature of the business readily allows it to be fitted around childcare / family responsibilities or golf and holidays!
• A business your family can rely on. The opportunity to create a self-sustaining income machine with solid, reliable revenue and eventually a business that can be operated under management, providing even greater freedom.
• Franchisor Support. Head Office is always on hand to provide both operational and regulatory advice and marketing support.
Trading hours:
Variable
Number of employees:
0
Support and Training:
There is a 2 day online training course to complete. Ongoing online support from Head Office and on the ground in the UK, which includes a Business Development Manager who is always available so there will alway be someone available to answer your questions.
Location Details:
Territory includes Reading, Bracknell, Wokingham, Farnborough and Aldershot. THAMES VALLEY AREA
Is this business home based:
Yes
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