Accident Management Claims Company For Sale in Blackburn, Lancashire- Business 4 Sale .co.uk

Business Summary

This is a business that was established in 2006 as an accident claims management company that has grown with a multiple income stream from related services. They now offer their clients a full vehicle recovery service plus vehicle storage and replacement vehicle. They also deal with personal injuries including criminal and industrial plus most recently they are providing a debt management service to clients.

The vehicle accident management gives a genuine 24 hour recovery service to their clients storing the vehicles securely at no extra cost to the claimant and provides them with a like for like vehicle which include commercials and taxis. They then appoint a local solicitor who recovers all of the losses including compensation for personal injuries, vehicle damage, storage costs and hire charges.

The recently formed debt management company has entered into an agreement with a local firm of financial advisors who pay varying fees for referrals depending on the nature of the individual debt. These can vary from IVA claims, Bankruptcy assistance debt management agreements and Mortgage Advice.

The company works with a small team of self employed agents who work on a commission only basis, has low overheads and has an up to date Consumer Credit License. This is a business which has quickly established itself, solely through the efforts of the current vendor. It is primed for quick growth, and with the right new owners and an increased infrastructure in place the business can go to the next level.

Property Information

	Property:	Leasehold

	Lease Terms:	The business runs from part of a converted mill building in Blackburn with offices and covered vehicle storage taking up circa 4,500 square feet in total. The garage is secure with roller shutter doors and 24 hour CCTV and can hold up to circa twenty five cars at a time. The rent is circa £4,200 per annum with rates of circa £1,000 per annum. There is no rental period in place

	Living Accommodation:	No

Competition

The company runs a comprehensive marketing campaign including, local newspaper advertising, leaflet drops, posters sites around the local area, four active websites with prestigious domain name and they have commissioned a TV advert which is ready to run on local Granada TV/ Channel 5

Growth Potential

The company have targeted areas in which growth is forecast over the coming years. Debt continues to soar and has become a major national problem. They are now reaching the stage where they have more enquiries than they can handle and need to expand their infrastructure to cope with demand. The agreement with a well known local financial advisor pays the company an immediate fee for case referrals depending on the nature of the client.

Accident management claims continue to increase and the company have increased their services over the years to take advantage of vehicle storage and vehicle hire to their customers, who are only too happy to make life as easy as possible for themselves.

The business also has the potential to start a self drive hire department and measures have been put in place by the current owners to allow this. There is little competition in and around the Blackburn area for prestige/chauffer rental companies and a prospective buyer would be gaining a firm foothold in a highly lucrative niche market

Support and Training Offered

The owners would be happy to help with a smooth transfer of the business in any way possible.

Reason for Selling

The owner wishes to emigrate but is prepared to stay on for an agreed period of time.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

N.A.

Summary of Staffing

The vendor is the only full time person in the company. There are two part time girls in the office who man the telephones and look after the administration. There is also a part time driver who also looks after car maintenance and vehicle recovery. There are also a team of self employed agents who work on commission only providing leads for the company to validate.

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