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Finance And Services:

Sold. Private Investigators - Primarily Process Servers For The Legal Profession

LISTING DETAILS
Firms For Sale ID:
33496
Vendor reference:
CJ023
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£170,000  
Turnover / revenue:
£112,130
Net profit / cashflow:
£42,192
Years established:
2005
Number of employees:
2
Employees / staffing:
The owner is responsible for the day to day operation of the business assisted by two self-employed processors/servers.

OTHER DETAILS
Reason for selling:
The vendor would like to emigrate in the next few years.
Support and training:
The vendor would like on stay and work alongside the new owner for up to 3 years to ensure the relationships he has built up stay productive and all the tricks of the trade he has learnt are passed over. He feels he has taken the business as far as he can and more investment is required in order to accommodate an ever growing business.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Private Investigators - Primarily Process Servers for the Legal Profession
(Local Authority Solicitors)
Ref.CJ023
Location Relocatable
Asking Price GBP 170,000
Established 2005, this well established, highly regarded Private Investigation Agency and Legal Process Server is fully relocatable. The business is a much sought after leading process server used by a group of solicitors to serve court papers divorce, maintenance, claims etc., with leads coming from a large client database of lawyers providing quality regular work (principally local authority solicitors). Interlinked work comes through Varsity, (the Directory of Investigators & Process Servers) which features Investigators, Process Servers, Certificated Bailiffs, Security Consultants and many other related services throughout the UK and Ireland)..

The vendor employs two runners who handle a lot of the work and get paid a small fee there is a never ending supply and demand for his services from a large group of solicitors who the company has built up a good working relationship with.

The business provides a fast, discreet, professional and efficient service with a first class success rate. It provides services to legal professionals and local authority solicitors across the UK and is focused on getting results.

The vendor started the business after seeing an ever increasing demand for this type of service and has since invested in the latest technology using an up to the minute Microsoft package.

This is a very well established, easy to manage business with all the necessary systems in place. This represents an excellent acquisition opportunity for anyone looking to enter this sector or alternatively for an existing operator looking to expand in this market.

Market / Competition / Non-Competition Agreements
Well established, this business is in the enviable position of enjoying very high levels of awareness throughout its sector. As a result, the business has invested little in marketing in recent years. Using the Yellow pages and the Varsity Directory of Investigators top advertise their services. The business is about to undertake a 1st Direct mailing. With high levels of awareness, this business enjoys the most cost effective marketing of all, namely word of mouth recommendation.