Independent Mortgage Brokerage For Sale

Business description

This popular and successful independent mortgage services business was founded 8 years ago by the Vendor with a generous combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with a strong local and national reputation for the quality and variety of its financial & mortgage services and reliability.

The business occupies easily accessible premises on a busy high street, adjacent to popular shops, banks and amenities. The business provides its services to a mix of clients, some of whom respond directly to the business’s website, advertising and others from individual client referrals and many referrals from corporate entities and other businesses in the area.

The business is an independent Mortgage brokerage based in Orpington, with services covering all of the UK and successfully establishes long term relationships with clients leading to new product opportunities in years to come to meet their mortgage and insurance needs. Clients also take great confidence from the business’s ability to explain and eliminate confusing jargon and ensure they take a product which suits them best from the many available.

Property information

Location:

The business operates from leasehold premises in Orpington. The current lease expires in August 2009, but is renewable thereafter. Annual rent is charged at £6,372 per annum, with rates charged additionally at £1,020 per annum.

The property consists of three offices comprising of approximates 850 square foot in total.

Other information

Expansion potential:

The current market for this business’s service is stable and is forecast in the longer term for significant growth, as proved currently by levels of high demand. The business is well positioned to take maximum advantage of this growth as it occurs.

Competition / Market:

A high proportion of the business’s revenue has been due to its excellent reputation for quality and service, brand recall and strong word of mouth recommendation. There are excellent opportunities to widen this activity and to consolidate an already successful and attractive Internet presence to market the business more aggressively and to significantly increase turnover.

Support & training:

Full support and training will be provided to the successful purchaser.

Reasons for selling:

The current owners are selling the company due to other business commitments.

Trading hours:

Monday – Friday 9.00 am – 5.00 pm