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WPA Healthcare Practice Medical Insurance Franchise In Bromley For Sale

Bromley, London, UK
Asking Price:
£120,000
Turnover:
Not applicable
Net Profit:
Not applicable

Due to pending retirement of the current franchisee, a well-established WPA Healthcare franchise in Bromley has been put up for sale. In the covering area are included: Bromley, Beckenham, West Wickham, Orpington and Chislehurst.

As a Healthcare Partner, you will be expected to provide exemplary customer service levels locally, backed up by award winning head office support. WPA Healthcare are members of British Franchise Association.

The business is currently generating an annual renewal income circa £30,000 plus healthy new sales generating high initial fees income being paid bi-monthly.

The current customer base is made up of corporate and private client business with 700 lives on cover. Current customer retention rate is over 90% being far higher than the industry average.

Transitional support is available if required from existing Healthcare Partner.

The selling price is £120,000

Business Highlights:

• Well established business
• Portfolio of £500,000
• Income currently £55,000 per annum
• Guaranteed income from renewal fees
• No monthly franchise fees
• Very low business costs, business can operate from home
• Excellent thriving South East London area

For more information, please contact us by using the form below.

Property Information

Location:

Bromley

Premises Details:

N/A

Business Operation

Expansion Potential:

Private medical insurance is becoming more important than ever in today's world for individuals, families and businesses offering as a benefit in order to retain staff.

Reasons for selling:

Retirement

Trading hours:

Flexible and as deemed necessary to look after existing customers and prospect for new customers.

Employees:
0
Years established:
Nine

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

One off £9,500 franchise fee, £2,000 refundable fidelity bond and no ongoing management fees.

Other Information

Support & training:

Excellent support and training offered to new franchisees from head office and ongoing support and training. Also have a mentor assigned in the first two years.

Website:
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Home based:
This business can be run from home.

Contact Seller

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