The business was established over 30 years ago by the current owner, and over the years has grown into a successful independent brokerage, arranging lease finance, loans and hire purchase facilities for agricultural machinery, commercial vehicles, cars and plant.
It has built up an enviable reputation within the sector, enjoying many regular clients, with a good proportion of new business coming from direct referrals or word of mouth.
The business has strong trading relationships with a wide range of market leading finance providers, and also has a bespoke software platform that enables very fast turnaround of quotes and the preparation of the proposals to be sent out to selected providers. This also holds all of the customer records, thereby enabling the fast and efficient retrieval of quotes, and any adjustment of the same in real time.
This is clearly a very well established and hugely profitable business, which operates with very low overheads and good margins.
It has enjoyed very consistent fee income, and is now experiencing a significant growth period with little or no marketing activity, which is testament to the customer base and how it is regarded in the market.
It would provide a very healthy income to any new owner from the outset, and further provides a strong platform for growth through the development of services and proactive marketing.
As such it would make a very sound acquisition for an individual with complementary experience, or a existing business who is looking to expand their client base or position themselves into a new sector within the industry.
We are therefore seeking offers for 100% of the shares in the business, and will happily supply more detailed financial information and the name of the business upon completion of our NDA.
Long established (30 years) very profitable business with an excellent reputation.
Extensive database of over 1850 clients.
Significant volume of repeat business.
Very well respected with most new business from recommendation.
Industry specific software enabling instant quote and proposal generation.
National client base.
Strong relationships with network of market leading finance providers.
Prime sector finance.
Relocatable anywhere in UK.
The business is currently located in Oxfordshire, but could be located anywhere in the country due to the spread of the existing client base.
Is this business relocatable:
Is this business home based: