Will Writing Business Established 14 Years For Sale - Northamptonshire, United Kingdom

Business 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. REf: 8899NN We have been advised by the vendor that last year, sales were circa £26,000, however this hasa now dropped to £7,000.

Property information

Location:

The business is centred around Northampton with over 90% of clients being within a 30 mile radius. Currently working from home, the business is fully re-locatable anywhere in the area

Other information

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

Trading hours:

Works on average 3 days per week at varying times to suit the client.

Financing available:

Please let us know if you require finance for the purchase of a business.

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