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Profitable Insurance Brokers Business In Cheshire For Sale

Cheshire, UK
Asking Price:
£325,000
Turnover:
£500K - £1M
Net Profit:
Undisclosed

This is a unique opportunity to acquire a leading Insurance brokerage specialising primarily in in-come protection. They also offer life insurance and critical illness cover.

Additionally, the company provides services for home insurance, private medical insurance, and accident cover.

The Business was established in 2011, and since then, few, if any, competitors have directly matched its scale in offering income protection policies.

The brokerage enjoys a strong reputation with the insurance companies it collaborates with and consistently receives positive customer feedback. On Review.io, it boasts a score of 4.9 based on more than 730 reviews and has strong relationships with the database of over 2,500 active clients, with ongoing sales potential.

The brokerage partners with reputable firms on its panel, such as Legal & General and Vitality Life. Additionally, it regularly receives offers of work from other insurance companies, which it can consider adding to its panel upon selection.

Leads: The business successfully acquires its own clients.

Regulator: This Insurance Brokerage is regulated by the Financial Conduct Authority and covered by the Financial Services Compensation Scheme.

Property Information

Property:

Leasehold

Location:

Cheshire

Premises Details:

The Brokerage operates from a leasehold premises on a 12-month renewable lease, with an annual rent of £18,000, rates exempt. The offices are ideal in a prominent office development with parking and 24-hour access.

Business Operation

Reasons for selling:

After 13 years the owners wish to ensure a successful transfer of the business, following which they will retire.

Employees:
The company is proud of its great staff and management, the business works with staff of a Sales Manager, Protection Advisors and a Support Officer.

Other Information

Support & training:

The founders of this Insurance Brokerage will be more than happy to facilitate a smooth and successful handover of the business.