| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 50,000 TIME(S)
BUSINESS REFERENCE : 14419 / RightBiz HIGHLY PROFITABLE FINANCE BROKERAGE WITH HNW CLIENT BASE | | | | | | Highly profitable Finance brokerage with large client base of High Net worth experienced property investors for sale. The business can demonstrate a consistent track record of profits over the last 3 years with from an under developed client bank. | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Mortgage Brokers | | SALE: | Private Sale | FREEHOLD: | £199999 | | | | | | | | | | | BUSINESS DETAILS: | A professional Finance Brokerage established in 2002 with an excellent reputation of delivering bespoke financial solutions to a high net worth client base of seasoned & experienced property investors.
The business operates as a Partnership and due to the spread of clients throughout the UK can easliy be relocated without effecting revenue streams.
Turnover: YE 05 151k, YE 06 203k, YE 07 218k.
Taxable Net Profits: YE 05 66k, YE 06 75k, YE 07 75k.
Currently the partnership has pipeline business of circa 45k of which 25k is currently fully approved pending completion. This income will be transferred to a succesful buyer.
The business only derives income from client & proc fees and does not currently offer any general insurance or financial services products despite constant flow of enquiries from existing property portfolio clients. The vast majority of mortgage applications are prime with most clients attaining extremely high credit scores. New Leads are acquired from the advanced website with online advertising, industry focused magazine editorials & word of mouth referrals.
Core services include mortgage & remortgages within the residential & buy to let sector, commercial mortgage, residential & commercial development finance alongside bespoke revolving credit & trading facilities for experienced property investors. Other ancillary non core services we provide are open ended bridging & asset finance.
This is a genuine opportunity for indivuals or firms to acquire a revenue earning business with significant scope for expansion. The price as well as being an absolute snip reflects the current business climate alongside a recent abortive sale. | | | | | | FOR SALE | | | | | SELLER: | Confidential - Members Only | | CONTACT: | Confidential - Members Only | | REFERENCE: | 14419 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
