BBX UK

Be Part of the Currency Revolution as a BBX City Licensee

BBX UK

Location: Nationwide / International

Target Markets: Owner-operated SMEs seeking new customers and growth

Deal Size: Flexible

Sales Type: Face-to-face meetings (B2B)

Build Your Own Business Within the BBX Brand

Now is your chance to be part of the currency revolution, with the rise of alternative currencies gathering pace alongside the acceptance of new methods to fund business growth.

BBX has been a leader in the marketplace since its inception in 1993 and has a strong franchising pedigree, expanding into 13 countries across 4 continents. Since launching the UK operation in May 2014, BBX has experienced steady growth, with multiple franchised offices successfully operating.

BBX is actively seeking to recruit sales agents who are interested in building their own business as a BBX City Licensee.

 

A Scalable City Licence with Upfront and Recurring Income

The main activity of a City Licensee is promoting the BBX facility to business owners and enrolling them as users of the BBX Platform, effectively building a local business community.

Our licensees invariably have a background in sales management or business ownership and are good motivators and communicators.

A City Licensee can build their business within the BBX brand with the following key benefits:

  • Great bolt-on business to other B2B activities or a way to maximise the return on existing contacts
  • Tried and tested format with full initial and ongoing training
  • Fully scalable with territory ownership
  • A blend of upfront and recurring/passive income streams
  • No stock holding, therefore minimal CAPEX requirement and strong cash flow potential
  • Renewable 5-year licence offering flexibility and potential resale value due to recurring and passive income streams
  • UK and overseas licences available

£5,000 Licence Investment and Three Income Streams

As a flexible business opportunity, the financial outcome is linked to your skill and application in running the business, therefore the yield is uncapped.

The investment is £5,000 for a renewable 5-year licence, with funding available.

City Licensees can generate income through three streams:

  • Up to 85% of the customer initial enrolment fee
  • Up to 40% of the monthly account access fee
  • Up to 12% of the transaction fee

BBX has produced projected KPI and P&L forecasts based on two operating models.

City Licensee with 4 BDMs: projected net profit grows from £61,691 in Year 1 to £144,665 in Year 2, £214,217 in Year 3, £276,780 in Year 4 and £330,233 in Year 5. Projected revenue rises from £93,761 in Year 1 to £475,231 in Year 5.

City Licensee as a solo operator: projected net profit grows from £68,625 in Year 1 to £110,129 in Year 2, £132,416 in Year 3, £151,877 in Year 4 and £168,807 in Year 5. Projected revenue rises from £79,325 in Year 1 to £179,257 in Year 5.

For further details, call Matthew Harding on 01202 022297.