Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Business For Sale. Uk Trade Association

LISTING DETAILS
Firms For Sale ID:
12416
Vendor reference:
CC083
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£1,200,000
Furniture, fixtures and fittings included.
Turnover / revenue:
£1,350,000
Net profit / cashflow:
Undisclosed
Years established:
32
Number of employees:
16

OTHER DETAILS
Reason for selling:
This is a genuine retirement sale.
Support and training:
The current Owner is happy to assist with all necessary hand over and the training to ensure a smooth transfer of the business to new Owners.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business currently operates from very well suited office accommodation of approximately 3,000 square feet. Leased – the freehold of the property is owned by the current Owner of the business, rent is approximately £120,000 per annum. The business could easily be relocated,
 
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BUSINESS DESCRIPTION
UK trade association

Ref.CC083
Location Re-locatable
Asking Price £ 1,200,000

Established in 1978 this business is a leading trade body within its specialist sector representing the broad interests of almost 15,000 of its members throughout the UK. Providing specialist support to businesses and regularly consulted by all the relevant Government bodies in both the UK and Europe, this business works to represent its members’ interests with insurers, government departments and government agencies as well as offering business advice and career opportunities to its very loyal and growing membership base.

This organization clearly understands the needs and concerns of the industry in which it is so active offering an unrivalled range of membership benefits to help improve and build its members’ businesses. Members work to very high standards ensuring that they provide the best levels of service to their customers As well as supporting its members with practical advice and assistance plus help with interpreting and applying the increasing amount of legislation that applies to its industry sector, members enjoy benefits including regular publications providing the latest industry news, technology, views and reviews of developments within the relevant industry sectors, a helpline facility, insurance schemes offering very competitive premiums, access to seminars and training, specialist publications and business aids via a very well managed mail order service as well as acting as a conduit for potential customers to take advantage of its members’ services.

Not surprisingly with such a diverse range of benefits this business enjoys a number of very strong, alternative income streams – initial Joining fees, on-going membership subscriptions, advertising revenues from its leading trade publications, fees from training courses, as well as commissions from the wide range of the very well targeted products and services it sells on behalf of a number of partners and blue chip affiliations. The business also hosts Conferences and Exhibitions on a regular basis calling upon some of the most eminent authorities within its sector. Leveraging the excellent reputation the business has developed within the UK and Europe, considerable work has been done recently to replicate this very successful formula in other areas around the world and particularly in developing nations in the Far and Middle East.

Expansion Potential
As a firm fixture within this industry sector for a number of years there is an excellent opportunity to build on the name and reputation this business has established and to develop the existing business levels and customer base of this company. With a strong demand for this business's services, a new owner contributing fresh ideas and enthusiasm will have every advantage of building on an excellent platform.

Much of the most recent time and efforts of the current senior management of this business have been dedicated to international developments – an area where relatively large scale investments have been made which will significantly impact on future turnover and profitability and which hasn’t been reflected in the financial performance of the business to date. There are certainly the opportunities to extend this business’s reach into international markets even further.