This home-based business provides great earning potential with flexible working hours. A low cost, proven method of becoming your own boss with repeat business from a loyal, and growing customer base.
Location
The franchise territory covers all of North London. The business can also operate in any area that borders the territory provided it is not already licensed to another franchisee.
Premises
A great benefit of this business is that it is run from home, which means it is easily relocatable, and the usual business overheads of rent, rates etc. are not incurred.
Business
The business was started one year ago; it is a franchise of Computer Troubleshooters, which is a network of professional operators who provide a wide range of onsite computer support services to small business owners and to home based computer users. The franchisor is a market leader with an excellent reputation. Established 11 years ago it now has 450 franchisees in 20 countries around the world. Services provided:
Hardware & Software Troubleshooting Application Installation and Support
Independent Advice Virus/Spy-ware Protection and Removal
Security Analysis & Troubleshooting Internet and Email Set-up and Assistance
Networking and Server Maintenance Regular cleaning and maintenance
Web site Design and Hosting Custom Software Development
Remote Access and Diagnostics Data Recovery
Service Plans Training
And more ...
The vendor has already built up a customer base of over sixty clients whilst larger key accounts are provided by head office. Call out charges are £30 for 30 minutes with the average call being 1 to 3 hours.
Franchise Terms
The franchisee is required to pay a flat fee of £120 per month as a contribution towards head office and group national marketing costs.
Assets
The business comes with a year old Pentium 3 Windows XP computer, workstation, chair, and all the computer tools and spares required to run the business. A 2005 Fiat Punto car that has been sign written to advertise the business is available at extra cost.
Marketing
The owner has recently paid for Yellow Pages and Post Office TV Monitor advertising which amounts to £2,500 and will benefit the new owner tremendously. He has also found that small, local newspaper adverts are very effective. The owner will supply Four thousand professional colour leaflets for marketing purposes in with the business.
Turnover
According to the vendor between £7,000 and £8,000 turnover was generated in the first year on a part time basis.
Potential
The owner has run the franchise whilst holding down a full time job. This has severely limited the earning potential because of the hours he can dedicate to the business. It has also often caused conflict (having to sometime let clients down during office hours). Maintenance contracts, providing a regular income, are one lucrative area that has yet to be exploited.
Trading Hours
Because of the nature of the business it could be run full time or part time to suit the owners other commitments.
Personnel
The business requires only the owner operator, without the need for other employed staff. However staff could be employed later on as the business grows or extra work could be sub contracted out.
Reason For Sale
The current owner is relocating abroad.
Comments
No previous experience is necessary, however some knowledge of computer hardware/software would obviously be an advantage. IT/network engineering experience would be ideal however enthusiasm and a willingness to learn are more important to make this business work. The purchase includes a three-day training course at head office, and the vendor is more than happy to provide training and assist on callouts for up to a month if this is required.
Price £16,000 Funding can be arranged.
Please call 0844 561 1806 if you require more information or to view the business.
Early viewing is advised