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Description

Leases equipment and provides maintenance contracts for door entry systems, CCTV systems and tills. It has only focused on one particular sector of clients, with customers all over the UK. Currently there are 275 clients on maintenance contracts, totaling £250k of fee income per annum. It is a simple business model which is easily scalable. It is not tied into a lease, hence is easily relocatable. Approximately 60% of sales are generated from ongoing maintenance contracts. The recent availability of lease financing in this market should generate new sales. Sales and marketing activity has been minimal, and could significantly increase sales. The majority of clients pay monthly by direct debit, which generates a healthy cash flow. There is no reliance on any one client, with the maximum turnover generated being circa 2%. NP £263k. GP £320k. Offers invited.

Details

Category: Services
Location:North West
Region:North West

Contact Details

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