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Business for sale in United Kingdom - Cq093-confidential and personal introduction service exclusively for successful professionals

Asking Price: 5,000 £ Real Estate: Ownership
Sales Revenue: 85,000 £
Net Profit: 0 £
Year Established: 1996
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of London/London

Business types:

Services

Business categories:

Professional

Business description

Established in 1996, this professional introduction agency provides an exclusive and personal introduction service for reputable, successful and independent professionals seeking partners. Due to the length of time the agency has been running, the brand is well known in the industry and with the public at large. This specialist matchmaking service arranges dates in various London venues on behalf of its members. The agency have organised thousands dates in and around London and has built up an excellent reputation of professionalism and integrity, believing in total discretion and always safeguarding the privacy of the clients' personal information. Aimed exclusively at professionals, the agency currently has a large database of professional members employed in a range of industries. All clients are interviewed (at their cost) and identity checked before joining. Enquiries are received via the company website or by phone. Potential clients are booked in to attend an initial paid consultation. They are interviewed to establish personal details and to discover the key criteria being looked for in a partner. Various membership options are available for clients attracting increased membership. Consistently high fees prove the strength of the brand and image of the company. Conversion rates at interview can be as high as 80% to 90%. The company has credit card facilities with Barclays Merchant services and can accept all major credit and debit cards, and American Express. This agency represents a great investment opportunity to those interested in a rewarding customer facing people business. Database The database is currently managed using Microsoft SQL server, with a Microsoft Access front end. The business has invested heavily in technology to provide the necessary requirements for a successful agency. 18,000 has recently been invested in the new website, and IT system. Quality Assurance: The industry is regulated by the Association of British Introduction Agencies. This is a voluntary organisation who defines a code of practice for its members. Key elements of the code of practice include transparency about what is on offer and honest advertising. Clients: Clients are all professional, single and successful individuals. Customer Service: An efficient process for booking dates. This business has a strong commitment to providing clients with the best possible service Personal support and understanding is offered to every client with Lifestyle Advice, Image consultancy and dating advice. The team ensures a discreet and friendly service Key Strengths: Every potential client is interviewed and identity checked to ensure consistent standards Strong reputation for exclusivity and prestige Client identities are always protected Excellent reputation for professionalism eliminates stigma High level of service provided The process is simple and low pressure for clients Tremendous success rates substantiated with client testimonials Key Opportunities: The dating market in the United Kingdom is growing. The large impersonal online dating sites have opened up the market. Due to disillusionment with these services, the opportunity for personal, safe, bespoke services is increasing. The business offers an excellent opportunity with the investment of more time. Perhaps the biggest opportunity is for the agency to expand through regional offices and franchises. As additional offices are opened there would be economy of scale benefits, permitting enhanced advertising and marketing exposure. The market in exclusive matchmaker services is increasing. The current owner believes there is now a considerable market from clients prepared to pay 5,000 to 10,000 for consultant services supporting exclusive levels of service. There is additional scope for niche products targeting ethnic groups. The IT system manages all the database and matching functions online. It also automates some of the date arranging process, by encouraging clients to give availability online.

Additional information

Additional information: Not Disclosed
Support & training: Support and training will be provided for a period of time to be negotiated prior to the sale.
Reasons for selling: The current owner wishes to concentrate on his young family and other interests and is not currently able to give the business the time and attention required.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 5 £
Location: The business operates from a fully furnished office suite for administration purposes and for interviewing and vetting prospective clients. The offices are semi-serviced and rented on a short term basis.

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