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CG029-£495,000-Established & Profitable Mortgage Brokerage
Asking Price:
GBP 495000
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Business Location:
United Kingdom » Manchester » Greater Manchester
Category:
Services
»
Agents & Brokers
Description:
Established & Profitable Mortgage Brokerage
Confidentially offered for sale
Ref No:CG029
Location: Greater Manchester
Asking price: £495,000
This owner operated mortgage company was established by its principle over eight years ago, having entered the market place with a wealth of commercial expertise in the financial services sector. The business has expanded and has shown consistant and profitable growth.
Business leads have come by word of mouth recommendation, while the excellent high street location of the business has accounted for many direct enquiries at the office from passing customers asking for advice and help.
The brokerage now has circa 500 active clients
Financial Information:
Annual gross sales: (GBP)
N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
Year Established:
1999
Is Relocatable?:
Yes
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
Yes
Number of Employees
:
2
Reasons for selling:
The owner wishes to pursue other business interests.
Market competition and expansion:
The only form of advertising at present is a permanent advert in the local supermarket to give the business some recognition.
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