Business Partnership is pleased to have been appointed as sole selling agent to seek a purchaser for this very well established and successful business, which has only been made available for sale due to a change in circumstances for our client.
An exceptional opportunity has arisen to purchase a highly successful WPA franchise territory located in Berkshire. The current healthcare partner started the business in 2010.
Founded in 1901 WPA Health Insurance is a not for profit UK health insurer with a large and growing community of customers. Franchise owners (Healthcare Partners) normally operate from home, servicing both corporate and private clients. They have the freedom to grow and develop their own portfolio of customers, but with the full support and backing of WPA head office. No prior medical knowledge or experience is necessary. The portfolio of our client is located mainly within Berkshire but with some customers being located further afield following referrals to the Healthcare Partner.
Healthcare Partners generate income from fees paid on new policies and from the renewal of existing customers policies. WPA pride themselves on their renewal levels which provides an ongoing income stream for its franchises. Our client enjoys a retention level of over 90% giving a fantastic level of renewal fee income year on year.
Incredibly low operating costs also help to increase the profitability of this business model. With excellent ongoing support and administration from WPA enables the Healthcare Partner to focus on building their business and servicing existing customers.
Our client will ensure they are on hand for as long as needed to ensure a smooth transition period with ongoing support and mentoring, in addition to be open to a split payment arrangement of the asking price to the right candidate.
We strongly urge any seriously interested party to enquire about this business at the very earliest opportunity.
Key features:
- Well established and very successful WPA territory
- Year on year growth
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Excellent client retention rate
- Low cost operation (work from home)
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Fantastic franchise location
- No monthly franchise fee
- Guaranteed income from renewals
