The Partnership

We're Partners, Not Vendors.

Why Zundara keeps a 10–15% stake in every venture — and why that's good for you.

Why a Partnership, Not a Sale


We win when you win. That's not a slogan — it's the structure of the deal. A vendor sells you something and disappears. A partner stays in your corner. When Zundara retains a 10–15% stake, our incentives stay aligned with yours for the life of the business. Every quarterly review call, every funding application, every introduction we make — we're working for the same outcome you are.

This is not a franchise. Franchises charge ongoing royalties of 4–8% of revenue, dictate your brand, restrict your territory, and limit your exit options. The franchisee carries the operating risk while the franchisor takes a cut off the top. We take none of that. No royalties. No territory. No brand control. No exit restrictions. Your company has its own name, its own identity, and you decide how and when it grows or sells.

This is also not the outright purchase model that other ready-made-business sellers run. Under that model, a vendor takes a one-time payment of £5,000 to £50,000, hands over the documents, and is never seen again. The operator is on their own — and the documents go stale within 18 months. Our model keeps the engine running. The company is given to you free; the 12-month infrastructure service agreement (£179/£199 per month, by direct debit) funds continuous hosting, business email, phone, administrative support, and the full sector-specific compliance documentation library — unlimited, unrestricted, and continuously updated. The retained partnership stake keeps us motivated to make sure that support actually works.

Aligned incentives. Ongoing support. Lower upfront barrier. Optionality to own outright later. That's why we structure it as a partnership.

The Equity Structure


Operator and co-founders hold the overwhelming majority. Zundara holds a strategic minority stake. The split depends on the regulatory complexity of the venture.

85%
Operator + co-founders
15%
Zundara

Heavy-regulatory ventures — £199/month tier (Hearthstone, Wrenbury, Ashgrove, Children's Home, Volantis)

90%
Operator + co-founders
10%
Zundara

Light-regulatory ventures — £179/month tier (Recruitment, Construction, Logistics, Professional Services, Digital Marketing)

What "non-PSC" means

Zundara is structured as a non-PSC minority partner. Under UK Companies Act, a Person with Significant Control (PSC) is a shareholder who holds more than 25% of shares, holds more than 25% of voting rights, has the right to appoint or remove a majority of directors, or otherwise exercises significant influence. Zundara meets none of these tests. Operationally, this means you and your co-founders are the controlling shareholders. You appoint directors. You set strategy. You sign contracts. Zundara is on the cap table as a strategic investor, not an operator.

The 5% difference between the two tiers reflects the additional build complexity and ongoing regulatory support required for heavy-regulatory ventures — CQC, GP practice, supported living, aviation, and similar. The work to keep these ventures compliant and current is materially greater than for a recruitment or marketing venture, and the retained equity reflects that.

What Zundara's Stake Includes


The rights and obligations attached to the retained stake — written plainly, exactly as they appear in the partnership agreement.

What Zundara's Stake Does NOT Include


Equally important — the things Zundara cannot do, will not do, and has no contractual right to do.

Fair Value Buyout


If you want to own the business outright, here's exactly how that works.

The buyout mechanism is voluntary on both sides. Either party can initiate a discussion. Neither party can force the other to transact. If you want to take Zundara's stake out, you can. If Zundara wants to offer a buyout, it can — but you are never required to accept.

Valuation is set by one of two methods, agreed at the time of the transaction:

  1. Independent valuation. A qualified third-party valuer is appointed by mutual agreement. The valuer looks at trailing financials, sector benchmarks, growth trajectory, and comparable transactions. The valuation is binding once delivered.
  2. Formula-based. A pre-agreed multiple of trailing 12-month EBITDA — typically 4–6x for a stable, profitable business — or the prevailing industry-standard multiple for the sector. This avoids the cost and time of a formal valuation process.
Worked example

If your business reaches £500K profit/year and you want to own 100%

At a 4–6x multiple of EBITDA, the full business is worth roughly £2M–£3M. Zundara's 10% stake is worth £200K–£300K. That's the buyout cost, payable from accumulated business cash flow, external financing, or a combination of both.

By the time most operators reach this position, the business is throwing off enough cash to either fund the buyout directly or service the debt to do so. We are not in a hurry. You set the timing.

Why This Wins for Both Sides


A partnership only works if both sides genuinely benefit. Here is exactly what each side gets — including the part where Zundara benefits, named explicitly.

For the operator

  • No upfront cash barrier. Take a built business with zero acquisition cost. Capital you would have spent on a one-time purchase stays in the business.
  • Full operational control. You and your co-founders run the company. Zundara has no operational vote and no director seat.
  • Strategic partner with experience and resources. Quarterly review calls, funding application support, network introductions, growth advisory — included in the service agreement.
  • Aligned incentives. When you win, we win. When you struggle, we lose too. We are not a vendor that disappeared after the cheque cleared.
  • Optionality to own outright later. Buy out Zundara's stake when the business can fund it. Or don't — keep us on the cap table as a strategic ally for life.

For Zundara

  • Recurring service-agreement revenue funds operations. The monthly service agreement pays for the infrastructure, the full documentation library, the admin support, and the team. It is not a profit centre on its own.
  • Equity book matures over time. Each retained stake is a long-duration position. As ventures grow in value, the book compounds.
  • Breakout ventures produce outsized returns. Most ventures will be steady, profitable, mid-sized businesses. A handful will scale into something materially larger. The retained equity is how Zundara participates in that upside.
  • Diversified across many ventures. No single venture's outcome makes or breaks Zundara. We can afford to be patient with any one operator and to support them through cycles.

We are explicit about this because hiding it would be worse. The retained equity is how Zundara is paid for the long-term work of being your partner. If we ever pretended otherwise, you should walk away.

Partnership FAQ


The questions operators ask before signing. Direct answers.

No. There is no drag-along provision. You retain full control of any sale decision. Zundara has tag-along rights — meaning if you sell, Zundara has the option to sell its stake at the same terms — but cannot force a sale.

No. Zundara holds no director seat and no operational control. You and your co-founders run the business.

Fine. Usual share dilution applies pro-rata to all shareholders, including Zundara, subject to the anti-dilution floor (Zundara's stake cannot fall below 5%).

Zundara's stake would either be liquidated to a third party at fair value or — more likely — the operator would have first-refusal buyout rights set out in the partnership agreement. Either way, you are not exposed to losing operational control because of something happening on our side.

If you stop the service agreement, the partnership terms remain in force but Zundara stops providing the infrastructure (hosting, website, email, phone, admin support, documentation updates). Like cancelling any service contract — you can re-engage at any time.

The infrastructure service agreement is contracted for a minimum 12-month term, billed monthly by direct debit, or annually upfront with a discount. After the first 12 months, the agreement continues monthly until cancelled. The 12-month commit aligns with the time it takes to get a new venture trading meaningfully.

No. Franchises charge ongoing royalties (typically 4–8% of revenue), restrict your territory, control your brand, and limit your exit options. Zundara takes no royalties, no territory, no brand control, no exit restrictions. The £179/£199 monthly is a service agreement for the infrastructure and admin support we provide — not a franchise fee. The only ongoing claim is the equity stake.

Yes. If a buyer wants 100%, Zundara's stake gets bought out at the same per-share price as yours (tag-along). You retain full control of whether to accept the offer.

Ready to Apply?

If the partnership model fits how you want to run a business, the next step is a fit conversation. Apply below — we come back within 5 working days.