Management Franchise Resale Opportunity in East Midlands

Rutland, Leicestershire

£45,000

Turnover: up to £100,000 Net profit: Available on Request

Business Information

Business for Breakfast is a proven management franchise opportunity. This particular franchise resale comprises a well-established, existing membership base and potential for further growth within a prime territory. The franchise license permits the operation of up to 10 business referral networking groups but may also be sold as 2 separate 5-group licenses of equal size.

For taking over an established business, the right candidate will have an opportunity to turnover a potential £60,000 in Year 1 alone. The Franchisor will provide comprehensive initial training as well as full ongoing support. Green field (new) territories are available allowing low-cost buy-in to this type of business.

The Franchise

The Business for Breakfast franchise meets the needs of entrepreneurs, business owners and professionals by facilitating a relaxed environment for successful business referral clubs across the UK and Europe and by meeting this sustained demand has seen phenomenal growth since it's inception.

Launched in 2001, Business for Breakfast (BforB) is now the proven blueprint for running a successful business referral Franchise. With more than 30 Franchisee's already reaping their rewards, BforB has firmly established itself as one of the UK's leading and thriving business networking organisations.

Become one of our team, and you will own and manage business referral groups in your chosen area offering businesses of all types and sizes a structured and supportive networking environment in which to attract new clients, suppliers and strategic alliances. Each of your groups will be dynamic, focused, energised and, most importantly you will actively see relationships forming and business being done between your members.

As a highly regarded Franchisee of BforB, you will be at the will be at the heart of the business community. You will be elevated into a dynamic, exciting and diverse community of likeminded professionals where your fortnightly groups will become the catalyst for local business success. The retention rate seen at BforB is above the industry norm - a fact of which the team is particularly proud. Members reap rewards not just financially through qualitative referrals but through the building of effective business relationships and alliances.

If you would like to seize this opportunity and become a BforB Franchisee in the East Midlands region please contact the seller of this established franchise via the button below.

Property Information

Location

The franchised operation is located in the East Midlands. The franchised territory covers Leicester, Grantham, Peterborough, Stamford, Oakham, Melton Mowbray, Oadby & Wigston.

Premises details

N/A - This business is run from your own home, no premises are required.

Business Operation

Expansion potential

The existing license is for 10 groups in which there are 6 strong groups currently running. If sold as a 10-license business, there is opportunity to grow 4 more groups within the territory.

If sold as 2 separate territories licensed for 5 networking groups, each territory will come with 3 existing groups with the potential to grow 2 new groups.

£45,000 for the 10-license territory or the 2 x 5 license territories £25,000 per territory.

Competition / Market

There are very few other organised referral-based networking groups in existence across the UK. There are, however, numerous other 'networking only' groups that are often only organised by local Councils or local Chambers of Commerce etc.

Reasons for selling

Personal circumstances

Trading hours

Breakfast meetings are bi-weekly and run between 06:45 and 08:30am. Otherwise, general duties are completed between 9 - 5:30 weekdays.

Employees

There are no direct employees of the business, however we have sub-contract assistance in the
form of a Personal Assistant (admin, telemarketing etc.) plus 2 x Local Directors managing and
leading several groups each.

Years established

The Franchise model was established in 2001. This particular franchise has been being run for 18 months.

Franchise Terms

Franchise opportunity

See the details of this franchise opportunity in the opening description above

What are the terms of the franchise?

The successful purchaser will sign a new, 5-year agreement with the Franchisor

Other Information

Support & training

The Franchisor (Business For Breakfast - BforB) will provide a programme of full and thorough pre-launch training as you will be a new franchisee to the network.

You will be invited to undertake a one-week induction programme during which you will be introduced to both theory and practical sessions. Your regional team will have ongoing meetings and expert sessions to provide you with the maximum knowledge to empower and develop your BforB Franchise.

BforB also provide specialist 'one to one' mentoring in your first nine months of business to get you launched and confidently and successfully running your business as soon as possible.

Financing available

Financing assistance may be available subject to status.
You will also need to have a minimum working capital of £8,000

Home based

Yes.

Relocatable

No.

Contact Information

See Website

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[Advert Ref: FRAN156216]