An exciting franchise opportunity has become available for business managers and investors looking to occupy a recession-proof business, as the owner of Metro Rod and Metro Plumb Cambridge is retiring from post after more than 25 years.
Metro Rod and Metro Plumb Cambridge, which spans from Cambridge to the coastline, was purchased by the current owner in 1995 and has grown to turnover approximately £750k a year. A team of six drainage engineers and four office-based staff run accounts with some of the UK’s best-known household names and local commercial relationships in the hospitality, retail and commercial sectors.
The £250k investment opportunity into the cash-rich business includes the franchise and its existing staff. The owned assets are also available for purchase which include six vans, 14 jetters, a Transit Tipper and a 3000-gallon Jet Vac. Interested parties also have the opportunity to purchase or rent a commercial premises held by the current franchisee owner to run their operation.
Cambridge has a population close to 795,000 with circa 30,000 businesses in the local area. It is at the heart of the high-technology cluster Silicon Fen, with industries such as software and bioscience as well as many start-up companies being born out of the city’s university. The Cambridge Biomedical Campus is one of the largest biomedical research facilities in the world, while its vibrant city of cafés, bars and restaurants attracts sightseers and culture lovers.
Tracey Cockerton, Franchise Recruitment Manager for Metro Rod, said: “Metro Rod Cambridge has all the ingredients required to become a flagship business in our network. It’s an established organisation with a thriving team, strong history of accounts and a wealth of assets – it’s quite literally a business in a box, making it a great opportunity for anyone with the vision and ambition to take it to new levels of success.
“We’re seeking someone with valuable management experience, who is capable of stepping into the business and identifying the areas for big growth. The ideal candidate would be someone who will be immersed in the business, who can make quick efficiencies, who is eager to strike up new relationships and who capitalises on the opportunities in front of them.
“People who take over Metro Rod franchises benefit from a strong and sustained marketing effort from our central Support Centre, which also feeds leads directly into the business on a regular basis, so as well as developing their own portfolio of customers and key contacts in the area, the new owner can also use our support to build on its established commercial and domestic customer base.
“And there’s no better time to invest into Metro Rod than right now; despite all the economic challenges our country faces, drainage is deemed an essential service and is a £40bn industry. It has proven in the past to be a covid and recession resistant business which is relied upon no matter what else is going on in the world. As investments go, this is one of the most secure options available, while also being incredibly exciting.”
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Add to Request List There is no cost or obligation associated with this service.Key Facts:
- Available across the UK
- Franchise
- £10,000
- Yes
- Yes
- Yes
- 6-12 Months
- 10
- 2016
- Yes through the company
- Member - Established
