£0 £1000000
£0 £1000000

Well established Licenced Mortgage & Insurance Brokerage for sale

City of London

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Archived

£249,995 +SAV

Ref: B06078

Business Only

Overview

Please quote reference B06078

Hilton Smythe welcomes to the market a well established Licenced Mortgage & Insurance Brokerage, which was established by our client in 2017. Only now does the business come to market as our client looks to embark on another business venture. 

The business is a Mortgage & Insurance Brokerage with FCA authorisation. The new purchaser would need to ensure that they, or a member of staff would be in possession of the CeMap qualification.

The generates revenue through some of the following streams-

  • Mortgages
  • Solicitor Referrals
  • Insurances
  • Surveyor Referrals
The company has built up an excellent reputation since inception, with a high percentage of the custom being word of mouth recommendations.

Scope for expansion

  • Advertising and marketing campaign
  • Maximise the use of social media
  • Extend the opening hours
  • Employ additional Brokers
  • Develop reciprocal arrangements with complimentary businesses such as Estate Agents and New Build Developers etc
Reasons to buy

  • A well-established business with an enviable reputation and many existing customers.
  • A pipeline of future business which would be passed to a new owner.
  • Ideal Bolt on to an existing Financial Services Business
  • Current owner happy to offer a handover to ensure the continued success.
  • A real opportunity to increase turnover and profits significantly, current owner running at a pace to suit.
Early enquires for this highly rated and popular business is recommended.

Turnover
We are advised that as per the 2020 accounts, the business generated a turnover in the region of £135,000. Full financials can be made available upon further request. 

Please quote reference B06078

We are advised that the business has 1 full time and 1 part time members of staff.

The business is currently trading;

Monday - 09:00-18:00
Tuesday - 09:00-18:00
Wednesday - 09:00-18:00
Thursday - 09:00-18:00
Friday - 09:00-18:00
Saturday - 10:00-14:00
Sunday - Closed


The business is fully relocatable, however the business was established and is trading in London, therefore a lot of the customers are London based.

N/A as its a Business Only sale.

The sale of the business includes;

  • Website
  • Client books
  • Handover period offered

Tenure
We are advised that the business is being sold on a Business Only basis. 

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