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8899NN NORTHAMPTON Re-locatable £40,000 WILL WRITING

Asking Price: GBP 40000
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Business Location: United Kingdom » Nottinghamshire » NORTHAMPTON 
Category: Services » Legal Services
Description:
Advent Business Sales is pleased to have
been instructed to offer to the market this
extremely well established will writing
business.
Founded by our client over 14 years ago, this
niche business is only now being reluctantly
offered for sale as he plans to retire.
The business specialises in the writing of
wills, most of which are written in trust to
ensure that the maximum benefits are
bestowed on the beneficiary in the most tax
efficient manner possible, to take into
account possible future scenarios.
Working within a 30 mile radius of
Northampton, the business has produced
over 1500 wills since inception, whilst
working on average only a 3 day week.
The business is managed by our vendor and
achieves an average turnover of £30,000 per
annum from working on average a 3-day
week.
Our client is prepared to assist during a hand
over period to ensure a smooth transfer to a
new purchaser and to pass on his detailed
knowledge.
The business would ideally suit a person
from a professional background such as a
solicitor, accountant, legal executive or ex
bank manager.
TRADING HOURS
Works on average 3 days per week at
varying times to suit the client.
EXPANSION POTENTIAL
Whilst already a successful business, there is
huge potential to increase turnover and
profits in the future by:
1. Doing probate and trust work
2. Increasing the working area
3. Working more than 3 days a week
4. Attending more networking events
5. Developing more relationships with
independent financial advisors
6. Approaching/writing to the past
customers to update/change their
existing wills to take account of
current legislation and changes in
their personal circumstances
FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £30,000
Gross Profit: TBC
Accounts will be made available to
interested parties after a viewing has taken
place.
Please let us know if you require finance for
the purchase of a business.
BUSINESS PREMISES
Fully re-locatable
TENURE: Re-locatable
VIEWING
Please DO NOT approach the business or its
employees without a prior appointment.
All appointments are to be made via our
office.
 
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Financial Information:  
Annual gross sales: (GBP) 30000
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 1994
Is Relocatable?:
 Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
No of trading hours: 3 days per week
Reasons for selling:
 offered for sale as he plans to retire.
Market competition and expansion:
 Whilst already a successful business, there is huge potential to increase turnover and profits in the future by: 1. Doing probate and trust work 2. Increasing the working area 3. Working more than 3 days a week 4. Attending more networking events
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