Mortgage Adviser Network Company For Sale

Business Overview

This memorandum outlines the opportunity to acquire a group of two companies operating in the mortgage network space. Trading for nine years, these companies have shown significant growth, with a combined turnover of just over £3 million and a net profit of £442,000. 

Key Highlights

• Location: UK 

• Industry: Mortgage Network 

• Staff: 15 employees 

• Valuation: Available upon request 

Business Operations

The companies have established a strong presence in the mortgage network industry. Despite efforts to sell, the process has not progressed as quickly as desired. The director is open to staying on board for a handover period to ensure a smooth transition. 

Financial Performance

• Combined Turnover: £3 million 

• Net Profit: £442,000 

Acquisition Opportunity

This business presents an excellent opportunity for an investor or company looking to enter or expand within the mortgage network market. The current director is seeking to exit after a previous sale fell through in 2019, making this an ideal time for acquisition. 

Transition and Handover

The business is well-structured to run smoothly even in the absence of the director, thanks to a competent team that can manage day-to-day operations. The director’s involvement is primarily in high-level projects, ensuring that the company can operate independently. 

Assets

• 2 vehicles valued at approximately £80,000 – £90,000 

Liabilities

• Monthly operational costs 

• Company loan: £100,000 

Conclusion

This is a unique opportunity to acquire a growing group of companies in the mortgage network industry with a strong market presence and significant growth potential. With a solid operational structure and a robust client base, the companies are well-positioned for continued success under new ownership. 

Interested parties are invited to express their interest and request further details. Contact Nick on [email protected]