business for sale

Confectionery Franchise Company Supporting large children’s charity

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Sale Memorandum

Confectionery Franchise Company
Supporting large children’s charity


Ref.ED003

Location Re-locatable

Asking Price £ 475,000

Confidential offered for sale

Current turnover is £506,145 generating a gross profit of £461,104 and a net profit of £167,204.

Asking price includes:

25 Franchisees
Support to a well-known children’s charity
Fully relocatable business
Turnover of circa £506,145
Training and Handover
Goodwill
Website
Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA

Business profile:

Established only four years ago this business mission was to raise funds for a children’s charity through the sale of confectionery products. To date the business has raised some £650,000 for the charity and now operates nationwide, covering most of the UK.

Boxes of confectionary chosen from the market leaders are left in places of work. With a selection of around 50 varieties, the sweets are charged at a £1 per packet and the cash is placed in an honesty box. All packaging clearly displays the charity’s logo.

The business currently has 25 franchisees generating a gross profit of £461,104 for the business and continues to raise thousands of pounds for the charity.

Equipment:

The company is fully computerised and all franchisee details kept on a comprehensive data base.

Customer Service:

This is a unique business as it not only offers a service to the consumer, it also supports a well known children’s charity. The business’ dedication to it’s customers is paramount ensuring a long term relationship with the customer. The boxes are replenished regularly and the website is updated so that it’s supporters can follow its progress and know where the money generated is being put to use.

Key Strengths:

This business key strength lies in it’s unique relationship with a high profile children’s charity. In addition from a business point of view, the business is fully re-locatable with very low overheads and minimal competition.

Growth and Expansion:

This business has ample opportunities to expand its franchisee network in to new and as yet untapped areas. An increase in franchisees would increase both funds raised for the charity and indeed turnover for the business.
Key Opportunities:

This is a unique opportunity to purchase a growing business with such strong values and commitment to its mission. It is a well-structured company generating excellent profit margins with incredible growth potential.
Premises:

The business is fully re-locatable and could be run from the owners home.

Business Hours:

Flexible to suit the owner.
Advertising and Marketing:

The business has an informative website and all products clearly display the charity’s logo. The business relies solely on its well respected name and word of mouth recommendation. There is no requirement for advertising.
Financial profile:
The business is being offered for sale on an ongoing concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Current turnover is £506,145 generating a gross profit of £461,104 and a net profit of £167,204.
Employees:

The business is owner run and requires no additional employees
Support and Training;

Full support and training will be provided to the successful purchaser if required.
Reason for Sale:

The current owners plan to pursue business opportunities overseas following the sale of the business.
Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006

Next steps

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  4. We will contact you and put you in touch with the seller of the business.

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