Successful WPA Healthcare Franchise Practice in Berkshire for Sale
Undisclosed
- Status
FOR SALE
- Date Submitted:
27/02/24
- Advert ID
607411
- Reference
1110SPT / Rightbiz
- Call Agent:
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
WPA Healthcare Franchise Practice
Business Partnership is pleased to have been appointed as sole selling agent to seek a purchaser for this very well established and successful business, which has only been made available for sale due to a change in circumstances for our client.An exceptional opportunity has arisen to purchase a highly successful WPA franchise territory located in Berkshire. The current healthcare partner started the business in 2010.
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 Berkshire 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.
Incredibly low operating costs also help to increase the profitability of this business model. With 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, in addition to be open to a split payment arrangement of the asking price to the right candidate.
We strongly urge any seriously interested party to enquire about this business at the very earliest opportunity.
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
Contact Agent
Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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