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CC083-UK trade association

Asking Price: GBP 1200000
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Business Location: United Kingdom » Relocatable » Re-locatable 
Category: Services » Finance, Banking, Loans, etc.
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.
This is a very well known and highly regarded organization. One of the very few of its kind, this represents a very rare acquisition opportunity. With combined turnover from all areas of activity of approximately £1.35 million in 2007 generating pre-tax net operating profits of approximately £165,000, excluding Directors’ remunerations of £50,000 per annum this is an ideal opportunity for any business wishing to extend their interests within a well established and growing sector or for a private investor to acquire a growing membership based organization with strong repeat revenues.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 1978
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
This is a genuine retirement sale.
Market competition and expansion:
Enjoying a very high profile amongst its existing and potential membership, this business concentrates its marketing activity on very highly targeted recruitment and retention activities. A large proportion of its expenditure is dedicated to membership information however with two major publications of its own to communicate via – both of which generate significant advertising revenues – actual levels of expenditure in this area are relatively light.
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