Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Highly Regarded Business Consultancy To Sme Market
LISTING DETAILS
Firms For Sale ID:
34421
Vendor reference:
CC177
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Asking price:
£200,000
Turnover / revenue:
£158,000
Net profit / cashflow:
£62,000
Years established:
7
Number of employees:
2
Employees / staffing:
The 2 directors work full time in the business as consultants. The business also employs a full time administrator.
An out-sourced processing team is in place, remunerated on a per-contract basis. One member of this team is sufficiently skilled to further grow this cohort as and when required, training and developing new contractors.
The company has relationships in place with several individuals who it has utilised on a consultancy basis to help develop the Growth Analysis Tool. The business also works with a few highly respected individuals who are promoting the merits of this White Label opportunity to several key sectors in which the business operates. It is expected these relationships would continue moving forward should a new owner so wish.
Business website:
OTHER DETAILS
Reason for selling:
The vendors are of an age where they are planning for retirement. They are proud of the tool they have developed and of its impact on its end-users. They are keen to see it implemented more broadly, and recognise that this is a key directional point in the development of the White-Label project. The tool is in place, the acquisition of the pilot clients has demonstrated its desirability in the market place and the vendors consider that there is now opportunity for new owners to shape the company and its growth to suit their own ambitions.
Support and training:
The vendors will provide comprehensive support and training to ensure a successful transition of ownership. They understand that a new owner may want to retain their services for a longer period, particularly with regards to the White Label Project. They are happy to discuss this.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business currently operates from ideal leasehold premises in a multi-occupancy business centre. It could easily be relocated.
BUSINESS DESCRIPTION
Highly Regarded Business Consultancy to SME Market
With Own Unique Inhouse Business Growth/Analysis Tool offering significant White Label Project revenue generation
Ref. CC177
Location : Cheshire
Asking Price : OIEO GBP 200,000
Founded some 7 years ago by the current directors, this very well respected and successful business consultancy specialises in the delivery of profitable SME business growth. The consultancy itself has grown since inception and developed into the customerfocused operation that exists today.
The business has been built around its own unique analysis tool which has been designed and built for the SME market. The company has developed this tool inhouse over several years and it is this that gives this consultancy its own USP an informed and semiautomated system that enables business owners to reach /surpass their potential in a controlled and predetermined manner. The consultancy owns the IPR (Intellectual Property Rights) of this product.
The company works with two key client groups. Individual Customers and Professional Services Practices.
Typical individual clients are businesses with more than 5 members of staff and turnover in excess of GBP500,000 p.a. The company generally has 14 20 regular consultancy clients, based relatively local, the largest of which accounts for circa 12% of current revenues. These clients operate in a diverse range of sectors including Legal, Mechanical & Electrical Contracting, Software, Telecoms, ECommerce, Transport, Catering and Plumbing. These clients have enjoyed very impressive company growth at the same time fulfilling many owners personal ambitions through working with this highly focused and personal consultancy. It should be noted that for the past 18 months, one of the consultancys partners has significantly reduced clientfacing work, to concentrate on the development of the analysis tool from an inhouse process to the WhiteLabel product.
Expansion Potential
The business has grown year on year to date through its more traditional consultancy work. However during this time the in-house growth model has been developed and promoted into the fully functioning tool that exists today. With the successful piloting of the White Label Project there is huge scope to roll this tool out further within the professional services market. Even with very conservative uptake the returns on investment to a new owner will be significant.
A professionally constructed License agreement has been sourced, protecting the consultancys IP. The methods used to develop enduse reports and plans further protect this.
As already mentioned this business has put in place strategic alliances that should generate new revenues for the White Label Project moving forward. The processing teams are also in place so implementation is already addressed. There are ongoing initiatives, including key note speaker slots at some significant presentations and seminars in their target markets that will open up the model to further prospective clients.
The potential for license holder numbers is basically as large as the prospective buyer wants it to be, based upon
The number of professional services practices in UK
The number of larger organisations in UK who would benefit from approach on a regional/divisional basis
The analysis model is already applicable to any English speaking country
The business drivers used in the analysis are globally applicable and the model can be translated.
The consultancy has recently secured agreement with a highly influential national organisation for the development of the model for their use. The potential for this is substantial, with the purchaser free to decide whether or not to pursue the opportunity.
Market / Competition / Non-Competition Agreements
Well established, this consultancy receives a high percentage of business through repeat commissions and recommendation. It has also been quite active networking and presenting its tool to companies, associations and key groups particularly within the legal sector. However it could certainly benefit from further investment in marketing to maximise the significant opportunity this Analysis/Growth Tool represents.
The business has an excellent website to showcase the services it provides and produces high quality suites of material.