Mortgage Brokerage
Business for sale
Asking Price:
£110,000
Turnover:
£126,000
Annual profit:
£38,000
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
10
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
This consistently profitable mortgage brokerage has an excellent reputation and good prospects for expansion. A substantial clientele has been developed in the nine years of operation, and there is an increasing amount of repeat business. Established referral routes mean a constant inflow of new business without the need for advertising. The main bulk of the work is brokerage, with some packaging work This business will suit an appropriately qualified mortgage broker who wishes to acquire and develop an already established business. Alternatively, it would suit someone already active in the residential property or financial services field who wishes to extend the range of services offered. The business can certainly continue to be run as a stand-alone operation, or could be added to a new owners existing business activities. Income could be further increased by targeted advertising, increasing packaging work, or by seeking adverse clients. A new owner could continue to use the existing offices (located in a town with great local amenities) or relocate the business. The current customers of the business live predominantly in London and the South East. This is a good steady business with regular income contact us now to find out more.Reason for Sale: The current owner has other business interests which require his full time attention
Downpayment: £60,000
ListingID#: LEYTOT000169
