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Successful WPA Healthcare Franchise Practice in Essex For Sale, Owner Retiring

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Confidential Sale – WPA Healthcare Franchise Practice Photo 1
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Confidential Sale – WPA Healthcare Franchise Practice
  • Status

    FOR SALE

  • Date Submitted:

    16/10/23

  • Advert ID

    601151

  • Reference

    1007IM / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Confidential Sale – WPA Healthcare Franchise Practice

Very well established and successful business, offering health insurance as part of WPA has now become available due to a genuine wish to retire. 

An exceptional opportunity has arisen to purchase a highly successful WPA franchise territory located in Essex and covering accounts in Essex and London. The current healthcare partner started the business in 2009.

Founded in 1901 WPA Health Insurance is a not for profit UK health insurer with a large and growing community of customers. Franchise owners (Healthcare Partners) normally operate from home, servicing both corporate and private clients. They have the freedom to grow and develop their own portfolio of customers, but with the full support and backing of WPA head office. No prior medical knowledge or experience is necessary. The portfolio of our client is located mainly within Essex & London but with some customers being located further afield following referrals to the Healthcare Partner.

Healthcare Partners generate income from fees paid on new policies and from the renewal of existing customers policies. WPA pride themselves on their renewal levels which provides an ongoing income stream for its franchises. Our client enjoys a retention level of over 90% giving a fantastic level of renewal fee income year on year.

In addition, very low operating costs help to increase the profitability and scalability of the business model. Excellent ongoing support and administration from WPA enables the Healthcare Partner to focus on building their business and servicing existing customers.

Our client will ensure they are on hand for as long as needed to ensure a smooth transition period with ongoing support and mentoring and, if required, may be open to supporting the new owner on a more structured and ongoing basis.

The business would suit anyone with drive and passion who wants to own an already successful business with strong growth opportunities.
Well established and very successful WPA territory
Year on year growth
Excellent client retention rate
Low cost operation (work from home)
Fantastic franchise location 
No monthly franchise fee
Guaranteed income from renewals
Valuable Portfolio with over £1 million of Health Care Cover
Over 1665 active clients
50/50 split on corporate to private clients
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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