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Advert Details

Internet Only Insurance Broker For Sale

London, London, United Kingdom

Financials

Asking price: £200 < 500k

Sales revenue: < £200k

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

 

Business description
Top Google ranking internet only insurance business targeting:- holiday homes and second homes (worldwide), listed buildings, blocks of flats, thatched roof houses, commercial property, buy to let property, underpined buildings and empty property. Over 700 quote requests generated each month. 75% renewals conversion rate.

Years established: 2

Employees: 1

Home based: This business can be run from home.

Relocatable: This business can be relocated.


Location
Internet based - can be located anywehere.

Expansion potential
Potential to place additional premiums via IFA's, broker market and property professionals (seeking a home for difficult to place niche insurances), via established online quote capture system.

Reasons for selling
Seeking to capitalise on rapid growth of business (which now requires larger broker to handle back office administration)


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