Overview of the business
This successful business was established in 2006 and acquired by the current franchisee in 2012. Having grown year on year this business now boasts a fantastic turnover in excess of £1.5 million. This franchise successfully operates both the Dyno Plumb and Dyno Drains. This Dyno franchise has 2 units including an office and training room as well as a separate storage facility within the territory.
As a Dyno franchise, this business benefits from a number of key accounts which are provided by the franchisor and British Gas. Work is carried out at approximately 1200-1500 properties per month as a result of the biggest key account from British Gas Homecare.
This Dyno franchise has consistently grown and now employs a team of staff including drain engineers, plumbers and office staff. As a Dyno franchisee, you will be expected to manage the team of staff and oversee the day to day running of the business. Other duties include ensuring staff meet the performance criteria and offer excellent customer service as well as undertaking regular meetings with the franchisor to discuss how to further develop the business.
This business benefits from an excellent sales and marketing team. Dyno head office has a key accounts team in place, where they develop relationships with large national companies. The franchisee can also utilise the Business Development Manager who works together with the franchisee to ensure the business is growing and provides updates on the local marketplace.
Over the past 4 years, turnover has increased by 25%. As a result of changes in legislation, there is excellent potential for this business to grow even more. The current franchisee is selling the business in order to spend more time with his elderly parents. Providing an opportunity for a new enthusiastic franchisee to acquire this business and continue to build on the solid foundations the current owner has already established.
This information is taken from a prospectus of sale. Further information can be provided upon the signing of a Non-Disclosure Agreement.
Overview of the franchisor
Dyno-Rod based its drain cleaning service on what were then new electromechanical techniques. After initial success, Dyno began granting franchise licences in 1965. There are currently twenty five Dyno franchisees in the United Kingdom. As the first non fast food franchised business in the United Kingdom, and the second franchised business of any kind there, Dyno-Rod played a prominent role in the formation of the British Franchise Association, of which it remains a full member.
Over time, the Dyno brand developed other associated businesses, Dyno-Secure was launched in 1987, to offer a range of locks and security services, while in 2001, Dyno-Plumbing offered a comprehensive plumbing service.
Dyno Group was acquired by British Gas, a subsidiary of Centrica, in October 2004. Since then, Dyno franchisees have developed larger territories and operate multiple brands within the Dyno group.
The group is now based in the British Gas Swan House Office complex in Staines.
What to do next
A full prospectus of sale is available following the signing of a non-disclosure agreement. Please do not contact the franchisee directly about the sale of this business as the staff may not be aware that the business is for sale.
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