Location | Cambridge |
Annual Turnover | £750,000 |
Guide Price | £350,000 plus assets |
Reason for Selling | Having built a profitable business, the existing franchisee wishes to retire. |
Size of Customer Base | Sales are approx. 80% national accounts, 20% local. The customer base is made up of well-known brand names and local commercial relationships with a strong presence in the hospitality, retail and commercial sectors. |
Staff | The franchise is made up of 10 staff. This includes 6 drainage engineers and 4 office staff. |
BUSINESS INFORMATION
This established Metro Rod drainage business was purchased by the current owner in 1995. During that time, the business has seen considerable growth. Located in a beautiful area of Cambridge, Metro Rod is a well-known and established brand within the area.
Generating a regular income, with several commercial business contracts, across maintenance, rental, medical and hospitality sectors. This highly profitable franchise provides an excellent opportunity for a new owner to take over and continue to build on the success this business has accumulated.
The drainage industry is thriving. The demand for Metro Rod’s services is 24/7, 365 days a year, and we pride ourselves on being a dependable and reliable company so that our clients know they can call us any day or night to solve their drainage and pump problems.
The current franchisee has built a successful business over a 25-year period and now wishes to sell due to retirement. This flourishing business has a turnover of circa £750k each year. There is excellent potential for a new owner to step into an established business and provide a fresh perspective, to help the company realise its full growth potential.
Insight from other franchises:
“My wife and I have been running Metro Rod (Norwich) since 2001, and over that time have built up a strong and loyal client base” – Shaun O’Brian, Metro Rod franchisee (Norwich)
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Add to Request List There is no cost or obligation associated with this service.Key Facts:
- Opportunities available across the UK
- Resales
- £350,000
- Yes
- Yes
- Yes
- BFA - Resale
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