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Private Health Insurance Franchise for Sale in South Buckinghamshire

Undisclosed, Buckinghamshire

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    640450

  • Asking Price: £245,000
  • Turnover: On request
  • Profit: On request

Key Features

  • Established client relationships
  • Client-focused approach

Business Details

Private Health Insurance Franchise operating in South Buckinghamshire

An exceptional opportunity has emerged to acquire a highly successful WPA franchise territory in South Buckinghamshire. This established business has been operational for 15 years, with the current Healthcare Partner managing it since 2018. Due to plans for retirement, the current owner is seeking a new purchaser who can continue to develop this promising venture.

The Healthcare Partners generate revenue from fees associated with new policy sign-ups and renewals of existing customers' policies. WPA is known for its impressive renewal rates, ensuring a steady income stream for franchise owners. With a client retention level of approximately 95%, the business enjoys consistent and growing renewal fee income each year. The premium income exceeds £1 million, which translates into a healthy ongoing revenue stream that is available to the new owner from day one. Additionally, the business is cash flow positive, eliminating the need for additional working capital.

WPA offers robust ongoing support and administration services, allowing the Healthcare Partner to focus on expanding the business and serving current clients effectively. The current owner is committed to providing thorough assistance during the transition period and is open to offering mentoring support as needed. Furthermore, they may consider a split payment arrangement for the asking price with the right candidate, making this opportunity even more accessible.

Founded in 1901, WPA Health Insurance is a not-for-profit health insurance provider in the UK, boasting a large and expanding customer base. Franchise owners, or Healthcare Partners, typically operate from home, catering to both corporate and private clients. This model grants them the freedom to grow their customer portfolio while benefiting from the comprehensive support of the WPA headquarters. No prior medical experience is required, and the primary clientele is located in Buckinghamshire, facilitating easy access for client meetings.

Interested parties are strongly encouraged to inquire about this outstanding business opportunity as soon as possible.

  • Well-established and very successful WPA territory
  • Consistent year-on-year growth
  • Excellent client retention rates
  • Flexible work/life balance or full-time operation
  • Ideal franchise location
  • No monthly franchise fee
  • Guaranteed income from renewals
Read more

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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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