An exciting opportunity to take over a successful business, currently operating only part-time, and drive turnover to £200,000.
The Countrywide Signs Glasgow East franchise has been in operation for several years, providing a stable client base and strong local reputation to the new owner – with plenty of room left to grow. The van-based business manages estate and letting agency boards – For Sale, To Let and so on – working closely with a range of local agents to deliver professional board management services from a technology-led business model.
A turnover of £50,000 is forecast for 2019, achieved from a single van operating for just 20-25 hours per week. The new owner has the potential to quickly grow from a solid customer base, with untapped potential and strong marketing support available from Countrywide Signs head office.
Based on other franchises with similar demographics, the trading area has the capacity to support a three- or four-van operation and generate a turnover of around £200,000.
The territory is exclusive (no other Countrywide Signs franchisee can operate there) and covers the East End, City Centre, South Side, Bishopbriggs, East Kilbride and Cumbernauld, as well as all surrounding towns and villages. The attached map highlights the trading area covered by the business.
The business should be run from the new owner’s home, minimising operating costs and maximising profit margins.
In addition, there is huge potential for extra revenue streams to be added to existing operations: Countrywide Signs also offer commercial signs for local businesses, as well as sponsorship boards for events. These are proving lucrative for other franchisees who have diversified their income streams.
All the ingredients are in place to expand substantially through new services and by extending current services provided to more estate agents.
The asking price includes a £14,995 franchise fee which provides the new owner with a full and comprehensive training and support package, including tools, specialist financial support and systems training. There will also be a crossover period with the current business owner to ensure a smooth handover process.
ABOUT COUNTRYWIDE SIGNS
Countrywide Signs was established in 1998 by a group of franchisees after the collapse of their existing brand at the time. That background proved crucial as the group, led by Tony Williams, who remains the managing director to this day, quickly grew a nationwide network of business owners operating under the Countrywide Signs banner.
The company has since become the UK and Ireland’s sign management specialists, with over 60 franchise territories servicing agents throughout both countries. We boast the industry’s only nationwide ISO 9001-accredited business management system, which is enjoyed by all franchisees and their clients to keep board services running efficiently for all parties.
In 2018 Justin Pearce joined Tony to lead and develop the franchise side of the business. The senior management team in the UK and Ireland have over 50 years of experience supporting franchisees, so you can be confident you’re partnering with people who know how to help you succeed.
The network has been developed on firm foundations of ethical franchising. We’re proud to be longstanding Full Members of the British Franchise Association, which involves a rigorous examination of our processes and franchise model. It’s a status enjoyed only by the most established franchisors in the UK and involves regular reaccreditations on the health of our network.
Support and Training:
Comprehensive support and training provided by head office on all aspects of the business, from finance to technical and tech systems.
Is this business relocatable:
Is this business home based: