Relocatable mortgage and insurance brokerage
- Asking Price: £449,995 +SAV
- 2021 turnover IRO £175,000UNI
- 100% share capital
- Interested parties will be required to sign an NDA
- Tenure: Business Only
Please quote reference B06701
Incorporated in the early 2010s, the company is a mortgage and insurance brokerage, offering friendly advice and providing access to a wide panel of lenders. The company caters to those seeking mortgages, life cover and general insurance products, such as home insurance. Currently based in the Central Lowlands of Scotland, the company provides UK-wide coverage, and offers home visits across Glasgow, Edinburgh and throughout Central Scotland.
The FCA-authorised company has earned a well-respected standing within the mortgage brokerage market, and boasts a number of positive client testimonials that praise the company’s reactivity, thoroughness, and competitively-priced services. The business’ excellent financial profile also testifies to the quality of its service, with steady sales and profits over the past few years.
The company has a number of gains to offer the prospective purchaser, including:
- 2000 active customers;
- A turnover of £195,877 and an adjusted EBITDA of £96,091 in 2020;
- A relocatable, work-from-home business opportunity, with low overheads;
- A buoyant marketplace: the UK’s mortgage brokerage market has grown 4.3% per year on average between 2018 and 2023, and is set to be worth £2 billion by 2025;
- A scalable business, with opportunity to recruit more brokers;
- Scope for growth, e.g. by expanding the company’s digital presence (e.g. LinkedIn), creating advertising materials such as brochures, extending the opening hours, and developing reciprocal arrangements with complimentary businesses such as estate agents and new build developers.
- A scalable, reputable and highly profitable mortgage and insurance brokerage;
- Excellent financial profile, with consistent sales and profits;
- Relocatable, work-from-home business opportunity;
- A buoyant marketplace, with the UK’s mortgage brokerage market growing at a significant rate;
- Ample scope for growth.
- Opportunity to implement a more concerted marketing strategy;
- Opportunity to extend opening hours and recruit more brokers;
- Potential to expand the range of financial services on offer.
Experienced team of staff in place
Due to the nature of the business, it operates all year round.
Relocatable business only basis.