Well-Established and Relocatable Mortgage Advisory Company

Coalville, Leicestershire
REF: S07736

Asking Price:
£100,000
Annual Turnover:
£263,885
Annual Net Profit:
£142,647
REF: S07736

Overview

Tenure:
Home_based
Established:
2015
  • Excellent reputation
  • Huge growth opportunity
  • Low overheads
  • Wide variety of products and services
  • Strong supplier relationships

Newly brought to the market is an established, independent mortgage advisory company. The business is currently based in Leicestershire but can ultimately be operated from anywhere in the country and is therefore available on a leasehold basis.

Founded in 2013 as an independent mortgage advisor, the business soon evolved into a Limited Company due to the rapid growth of the business. Customers value the professionalism of staff, rapid communication, and strong industry relationships with mortgage providers. Consequently, the business has profited from a high level of word-of-mouth referrals, submitting up to 17 mortgage applications per week during the peak season.

The business is only for sale due to competing business endeavours and the company is predicting a major surge in re-mortgages for existing clients in 2021, thus presenting the sale as an opportunity with massive growth potential.

Until the end of 2019, the business rented office space. However, since the start of 2020 the owner has operated the company from home. Due to the relocatable nature of the business, the buyer will have complete control and flexibility over how and where they conduct business operations, especially as the number of staff has been reduced from 4 to 1 due to the Covid-19 pandemic.

The company is currently redeveloping its website and has a strong Facebook presence with over 3,000 followers, as well as a roster of excellent reviews. The buyer will also inherit a huge database with 2,500 clients.

Additionally, the vendor is willing to offer a transitional period to ensure a smooth handover of business operations.

The ideal advisor for this business would be a qualified mortgage buyer who can use their industry expertise to continue the historic success of the company. The business is only for sale due to the owner’s need to commit their property investment enterprise, therefore making this a lucrative opportunity for an appropriately qualified individual.

The new owner is presented with numerous avenues to achieve further growth of the business and realise its full potential. For example, completing the current construction of the business’s website to a high standard and with full Search Engine Optimisation will increase the company’s visibility online. The buyer could then complement this with further marketing tactics, including paid Google adverts.

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  • Relocatable
  • Home-based
Rent
TBC
Rates
£0
Lease Term
TBC
Lease Expiry
Had rented office in 2019, has now given it up and works from home since early 2020.
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
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Number of Employees
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