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Well Established Mortgage and Insurance Broker For Sale

Wigan, Lancashire

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For Sale

£225,000 +SAV

Ref: B06423

Business Only

Overview

Please quote reference B06423

Hilton Smythe welcomes to the market a well-established mortgage and non-investment Insurance services business, which has been under the careful and meticulous ownership of our client since 1999. Only now does the business come to market as our client looks to take well deserved retirement  

The business offers both residential and buy to let Mortgages to clients, along with non-investment insurance services with the business benefiting from FCA authorisation. The new purchaser would need to ensure that they, or a member of staff would be in possession of the relevant CeMap qualification.

The business has built up an excellent reputation within the area and further afield for the high quality of service offered, which has resulted in a very loyal client base, with a high volume of repeat business and 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.
  • Ideal Bolt on to an existing Financial Services Business.
  • Current owner is 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.
  • High spec back office system.
Early enquiries for this well established and popular business are highly recommended.

Turnover
We are advised the business generated a turnover of circa £270,000 as of 2020, further financial information can be made available upon request.

Please quote reference B06423

The business is run by 3 full time staff members.

The business trading hours are as followed:

Monday to Friday - 09:00am - 17:00pm

Saturday & Sunday - Closed

The business is currently located in Wigan, Lancashire. Due to the nature of the sale on a business only basis, it could easily be relocated to another location or integrated into an existing business.

Relocatable.

Tenure
Business Only.

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