Unique Debt Recovery Business For Sale St Peter Port, Guernsey, Channel Islands, United Kingdom Advert ref: 223 Business description
Ideal bolt on acquisition or part time involvement. Only Recovery Agency in Guernsey. Highly reputable and well established business. Serves all major Guernsey Banks and financial institutions. Guernsey has no Corporation Tax, (1/1/2008), Capital Gains Tax or Inheritance Tax and has a dynamic economy with a safe environment.
Years established: 25 years
Employees: One, plus Vendor part time
Trading hours: 9 am to 5.30 pm
Relocatable: This business can be relocated.
Property: Leasehold
Lease terms
Internal only repairing lease, annual rent reviews to RPI. Current rent £1,750 p.a.
Location
Good quality offices on the otskirts of St Peter Port with outstanding sea views!
Expansion potential
Good prospects to expand in related fields.
Competition / Market
No other similar operations on Guernsey, giving the company the virtual monopoly of debt recovery on the Island.
Support & training
As much help and advice as is necessary for a smooth handover.
Reasons for selling
Concentrate on other commercial interests.
Financing available
Available, subject to status, with Barclays International Corporate Banking
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| | Financial details Asking price: £45,000
Sales revenue: £88,921
Net profit: £17,244
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
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