Management Franchise Bmi Hose (uk) Limited - Franchise Business UK

The BMI Franchise is a management franchise, so it is only right for you if you want to start and grow a business rather than just be self-employed. You will have your own team of service engineers, a service manager and book-keeping staff.

Our business is owned and run by its Directors, rather than bankers or other types of financier. The business is funded entirely by its shareholders and so has no borrowings.

Is it for you?

Our current franchisees come from various walks of life; we are a service driven business and wish to work with motivated and friendly people who are prepared to go that extra mile for their customers. We encourage any prospective franchisee to talk with our existing franchisees so that they a gain an insight into what is involved in setting up and running a BMI Hose Franchise. Remember this is a management franchise business uk not a technical franchise!

All this is underpinned by our support team who provide training on our products, IT systems, and finance. We also run a comprehensive marketing programme to build market awareness and create demand for our products and services.

Market

We compete in a large established market with good growth potential. The market is for industrial and hydraulic hoses and elated components. We are the emergency service to the hydraulic power industry.

Hydraulic power is used in every sector of industry; hydraulic hoses are by far the most vulnerable part of the system, requiring regular replacement cycles or indeed replacement for damaged parts.

Our customer base ranges from local councils and blue chip companies to the local golf club. Wherever fluid is moved, we are able to offer a solution either by an emergency repair, or a regular maintenance program.

Possible Returns?

What return can you expect, not just from your initial investment, but from your hard work too? We have track records of delivering a franchise business uk system which returns both annual profits in excess of £100,000 and a capital asset which can be easily sold when you are ready to exit the business.

The total market is estimated to be worth in the excess of £600 million with each market segment broken down as follows:

OEM	£296 m
Distribution	£222 m
Emergency	£82 m

The OEM market is supplied by the main hose and fitting manufacturers. This market involves high production capacity and large volumes. Orders are almost exclusively secured by price.

The distribution market is about reliability, range of product supply, and lower prices. Service is less of a differentiation. The emergency market is driven by the requirement for service where speed of response is the most critical requirement.

BMI compete in all three markets.

Territory

Each BMI franchise business uk has its own territory, all of which were drawn up based on a statistical analysis of local businesses to ensure viability. The franchises each operate a small industrial unit of around 2,500 square feet, and typically start with three service vehicles.

Finance

We ask that you have liquid capital of circa £70,000 although we have opportunities for both larger and smaller investments. We have established relationships with the major high street banks to ensure that you can easily borrow the balance of the total investment, subject to normal lending criteria.

Testimonial

Local man Glyn Griffiths was the first to take the BMI Hose (UK) franchise business uk in the UK when his new business opened its doors on February 4th. Glyn and his team have already been trained at BMI's head office in Wolverhampton and they are ready to take customer calls, operating two mobile workshops from new premises in Cramlington, just north of Newcastle.

Glyn had this to say about his exciting new venture: ‘I've been looking for a good business opportunity for some time and when I investigated the BMI concept I was immediately impressed. They offer a genuine service to customers who need a fast response and a quality product when they've suffered a hose failure on-site. We have set our whole operation up in about 12 weeks, with help from BMI staff, and as we open our doors we're all trained and raring to go. I've a good team working with me and we're looking forward to building our relationships with a wide range of customers in Newcastle and Tyne side.'

What Happens Next

We encourage our prospects to visit both our UK headquarters and a nearby BMI service centre to discover the opportunity. But first of lets have a chat and see if we think we are right for each other. Take the first step to a brighter future - contact us now!