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CG040 -Secured Loans and Mortgages

Asking Price: GBP 295000
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Business Location: United Kingdom » Relocatable » Relocatable 
Category: Services » Finance, Banking, Loans, etc.
Description:
Secured Loans and Mortgages
Company

Ref.CG040
Location Relocatable
Asking Price £ 295,000
The business was established in 2000 to provide secured loans and mortgages to a predominantly blue-collar client base in South Wales and the South West. The company has established a core of around twenty consistent lenders who they have accessed via a buying community called Tri Gold.

The business is one of the best known brokerages in South Wales with an excellent reputation that is statistically proven by over fifty percent of its customers being repeat business or recommendations. The business does not offer endowment policies or pension schemes but does include contents cover and life insurance in its portfolio of products.

This company is IT driven with very low overheads and minimal staff.
While the operation has seen a significant reduction in its year on year performance it is ideally positioned to resume its market position when the housing market returns to form.
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: N.A.
Year Established: 2000
Is Relocatable?:
 Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: One director,One marketing manager,One s/e Sales Consultant
Reasons for selling:
 After a long and successful career the key director has decided to retire.
Market competition and expansion:
 The business has a comprehensive web site
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