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INDUSTRY
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BUSINESS SUMMARY
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Mortgage Brokerage
Confidentially offered for sale
Ref No:CG030
Location: South Humberside
Asking price: £675,000
This mortgage based company specialises in finding mortgages for people who have difficulties in acquiring a lender. It was established 20 years ago by the present owner and was developed to capture a sub prime- self certificated – prime – domestic and commercial customer market place.
Because of the nature of the pre-qualification, conversion rates are very high and all clients are seen on a face to face basis due to the complex history of the clients. These are generally medium risk clients, therefore paying attractive commission fees
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BUSINESS FINANCIALS
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GENERAL COMPANY INFORMATION |
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Organization Structure: |
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Headquarters/Main Location: |
Home Based
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Time on lease/mortgage: |
N/A
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Is Business Relocatable? |
No |
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MARKET OUTLOOK/COMPETITION
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| The following areas have been used.
BT Phone book
Yellow pages
Kingston pages
Lead generation
Referral business
Existing client database
Passing trade
Web Site |
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DETAILS ABOUT THE SALE
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Reason for Selling
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Due to ill health , and after suffering a stroke , the owner reluctantly feels it is now time to sell the business. |
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Is Management Willing to Stay?
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No
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Are You An Intermediary?
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No
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Web Site Design
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