Leasehold Business Finance Brokerage For Sale - Cannock, Staffordshire, United Kingdom
 
Advert Ref: 8833
 
 
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Business description
Bag a Business Ltd is delighted to offer for sale this very successful business finance brokerage concern, which was first established by our client in 2000. It is only now being placed onto the market due to his strong desire to emigrate. The brokerage, which is run and managed by our client with the assistance of staff, achieves a very respectable annual turnover of £450,000, which is derived from providing business finance solutions to a wide range of clients throughout the UK. The brokerage offers finance solutions for all types of businesses, young and old and provides a one stop shop solution. The business works with 18 financial providers, which ensures, that whatever the customer's circumstances are, a solution can be provided in most cases. The business enjoys excellent levels of repeat trade and has a database of over 1000 end user clients, who renew agreements on a regular basis. The business has several proactive marketing streams through media advertising, which provides new customers throughout the year. Additional business is also gained from good word of mouth referrals and from introductions made from a select group of professional associates. This is a truly rare opportunity to acquire a pure turn key business, which has an excellent customer base and infinite future scope. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early viewing of this outstanding business.
 
Trading hours: Mon - Fri: 8.30am - 5.00pm
 
Property
Leasehold
 
Lease terms
Leasehold Original length: 3 years Remaining length: 2« years Rent: £16,000 per annum
 
Living accomodation
ADDITIONAL INFORMATION The business currently employs 5 full-time staff at an approximate wage bill of £90,000 per annum.
 
Location
This hugely successful business finance brokerage concern is located in Cannock, Staffordshire. The business is situated within a shared occupancy premise, which benefits from high security, private parking, good facilities and easy access. Cannock has become a hugely popular business and residential location due to its neighbouring open countryside, fine housing, good schools and hospitals, excellent shopping facilities and easy motorway access. Cannock lies on the M6 toll, A34 and A5 roads, to the north of the Black Country and south of Stafford. Cannock also benefits from having several neighbouring towns and villages, including Hednesford, Cheslyn Hay, Heath Hayes, Rugeley, Norton Canes, Great Wyrley, Cannock Wood, Bridgtown and Burntwood.
 
 
 
 
 
Financial Details
Asking price:
£450,000
 
Sales revenue:
£460,000
 
Net profit:
£200,000