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Business For Sale
INTERNATIONAL FOREIGN EXCHANGE DEALERS
Attn:
Andrew Hudson
'Central London', United Kingdom, GB
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Listing Number: "CG032"
Print this
Listing
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Asking Price: |
$1,750,000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Services: Advertising and Marketing
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Reason for Selling:
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Due to other overseas business commitments. |
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Year Established:
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2000 |
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Yearly Revenues:
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$739,000 |
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Yearly Net Profit:
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$436,000 |
Business for Sale Overview:
This business was established in 2004 with the sole intention of creating long standing, mutually beneficial business relationships with their clients. The business specializes in giving the best exchange rates, market information and trading mechanisms to financial decision makers on a regular basis. Thousands of commercial business and private individuals make use of their range of trading mechanisms to effectively avoid market falls and to prosper whilst market movements are positive. By studying political releases, economic data and gauging sentiment and perception, this business can pass on current information regarding the purchase of foreign currency and in doing so, help its clients make more informed decisions, thus enhancing their profit margins
Property Features and Assets:
The business operates from leasehold premises in central London, with two years remaining on a five-year renewable lease. Annual rent is charged at £12,240 + £6,000 for service. Rates are charged additionally at £3,800. The premises itself measures at circa 545 square foot and is fully fitted as a FX trading centre.
Market Competition and Expansion:
The company have invested considerably in advertising. Most advertising is generated through Polish Magazine along with an informative website and company brochures. The company benefits considerably from their marketing, which is reflected in its turnover.
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