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Licensed Automotive Finance Broker, Compliance Manager And Administrator For Sale

UK
Asking Price:
On request
Turnover:
£500K - £1M
Net Profit:
Available on request

The company uses a manual, personalised approach to carry out vehicle finance brokering, compliance management and administration services, working with private individuals and dealers throughout the UK.

Client-focused, user-friendly websites are operated to serve both private individuals and dealers.

The business operates two client-facing brands: the first serves members of the public and the company’s dealer network; the second deals directly with one client type.

Our clients are offering the company for sale to facilitate growth under the impetus of new ownership. Offers invited.

Key Highlights

- YE23 turnover of £720k, with an adjusted EBIT of £38k.

- Authorised by the FCA in categories C, D and E for credit brokering, debt counselling and debt adjusting.

- All staff are SAF approved and tested annually.

- Worked with 40 repeat and regular dealers during YE23, including prominent car supermarkets operating multiple sites. The business worked with 98 dealers in total, inclusive of single cases transacted, and 906 cases written.

- Approximately 95% of the business’s income is derived from existing relationships.

- Two employees who can take on greater responsibility within the company.

- Operates from leasehold office premises.

- Ideally positioned for integration into a larger portfolio, enabling the acquirer to advance their compliance and brokering capabilities.

Property Information

Property:

Leasehold