Service franchise resales for sale in Harrow

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  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £75,000 Annual Turnover: £150,000 Annual Net Profit: £51,000
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Business Description
SUMMARY

Pitman Training Centre Harrow is a franchised vocational training business, strategically located in the heart of commercially vibrant and expanding Harrow Town Centre. Harrow homes a strong population of over 385,000. The centre offers a wide range of blended learning training courses in a variety of subjects including IT and business skills to students seeking either new employment, a career change or an in-job promotion. The centre is an approved examination centre for IAB, AMSPAR, OCR, BCS, Microsoft (MOS) and many other institutions.

The franchise has seen increased success in recent years. Since the training centre was purchased by the current owner the business has seen substantial growth through the expertise applied by the current owner and the implementation of an effective sales strategy. The business has excellent transport links. It is within two minutes walking distance from St. George’s Shopping Centre, St Ann’s Shopping Centre, the Harrow-on-the Hill underground tube station and the Harrow bus station.

HIGHLIGHTS

An excellent business opportunity for owner-manager
Well-known multi-nation brand name
Vast pool of training services offered by Pitman
Services include newly developed Virtual Learning Environment (VLE)
Located in commercially growing Harrow town centre
The business has excellent transport links
Dedicated Parking space within the centre
Exclusive up-to-date website page
Premises lease to be discussed with current business owner who is also premise owner

HIGHLIGHTS

The Harrow location is one of the longest running centres in the Pitman Training franchise network and has a good size territory. The centre is located on College Road in the middle of commercially bustling area of Harrow. The borough of Harrow is prosperous with high per household income when compared to other areas of London. With new businesses arriving, Harrow is maintaining its identity as a modern, active and exciting place to learn and do business.

The business has excellent transport links. It is within two minutes walking distance from St. George’s Shopping Centre, St Ann’s Shopping Centre, the Harrow-on-the Hill underground tube station and the Harrow bus station.

Apart from one dedicated parking space within the centre itself, there is ample parking space available in the NCP car park at St. George’s Shopping Centre, St Ann’s Shopping Centre & Queens House Car Park. With each of them being very close (few yards away) to the Pitman Training Centre. The car parking and good transport links make it easily accessible for all our students and corporate clients.

Pitman Training Harrow has its own page on Pitman Training marketing website at http://harrow.pitman-training.com. The content rich and user friendly website contains up-to-date information about all the courses and services offered at the centre. This website is designed in the latest format so that it is content rich with testimonials, course information and media. Recent upgrades have greatly helped the centre and as the information becomes more widely known the benefits are likely to grow.

FUTURE OUTLOOK

Expansion Potential:
The borough of Harrow is prosperous with high per-household income when compared to other areas of London. With new businesses arriving, Harrow is maintaining its identity as a modern, active and exciting place to learn and do business.

The Harrow Centre is starting to bear the fruits of local advertising campaigns and investment in building strong links with corporate business and the public. It has a very good potential of sustained growth leveraging commercially expanding Harrow town. Growing business activities in the area are contributing to increasing demand for skilled workers. It provides an excellent business opportunity for Pitman as more students and working individuals are eager to upgrade their skill set to match market demand.

On business side, heavy investment from Pitman Training Group for the benefit of franchisees and students alike include a newly developed Virtual Learning Environment (VLE), and the very recently launched bespoke Customer Relationship Management system, Pitman Customer Management (PCM) and also a state of the art marketing website, of which Pitman Training Harrow has its own unique dedicated webpage.

Pitman Training Group is in discussions for a number of other new initiatives that are expected to provide a boost to the Pitman Training network including increased e-assessments contracts e.g. to RCPCH (Royal College of Paediatrics and Child Health) through BTL. Please note: These initiatives are still in progress and cannot be guaranteed to materialize in full or in part.

Companies see the benefits of Pitman trained employees and the centre now receives direct requests from corporate clients looking to fill both temporary and permanents roles. This invaluable service gives any potential student another reason to join one of the programmes, further driving future growth. The future is only brighter.

OPERATIONS
There are currently one full-time and one part-time employees who support the routine business at the centre. They ensure smooth the delivery of courses, take enquiry calls, support students and manage the day-to-day running of the centre. This arrangement provides good coverage during the opening hours, a low cost base and flexibility. The employee’s job specifications are included in the attached Appendices A.

INVESTMENT

The franchise is offered as a going concern and includes a new 5-year franchise agreement, all fixtures, fittings, branding and IT equipment. The offer also includes the client database, a dedicated page on the Pitman Training website, numerous e-shot templates and Facebook and Twitter pages with their subscribers.

The business has the proven potential to grow and be a more profitable business. The decision to sell the Harrow Centre has been taken reluctantly as a result of change in personal circumstances and other commitments which the current owner is open to discuss with prospective buyers. Pitman Training Harrow is an excellent opportunity for buyers to invest in a well-established profit making franchised business with good prospects of growth.

The buyer will need to negotiate the premises lease directly with the current owner of the franchise.
Number of Employees: 1-5

Tenure: Leasehold

Location Details:
The centre is located on College Road in the middle of commercially bustling area of Harrow. The borough of Harrow is prosperous with high per household income when compared to other areas of London. With new businesses arriving, Harrow is maintaining its identity as a modern, active and exciting place to learn and do business.

Website:

Downloadable Documents

Find out more about this business opportunity.

 
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