Property Insurance Business

  • Price: POA
England
Seller Ref:B07608
For Sale

Property Insurance Business

England
Seller Ref:B07608
  • Price: POA

Overview

Seller Ref: B07608

Description

Business
PLEASE QUOTE REFERENCE B07608


Trading since the 1990s, provider of a full range of products and services offered to Property Managing Agents and their clients. The business provides both highly sought-after rental warranty guarantee services and priority insurance brokerage, a service inclusive of commercial Insurance business of general nature.


The company has built an outstanding reputation, with over 30 years’ experience working with the Lettings & Management industry, building strong foundations and relations, including long-standing clients.


Their reputation and attention to impeccable service have granted them a steady rate of repeat business, which constitutes most of the business for the company, as well as a flawless customer service record to be proud of.


Building on their past and present successes, the business is now at an ideal time in its growth trajectory to continue its brand excellence and expansion back to early 2000s level, when they were the second largest provider in the UK. There is scope for product enhancement and new marketing strategies, with all the elements in place to continue and further future profitability.


The business has several distinctive capabilities and assets to stand out from its competitors and attract the prospective purchaser, including:

  • A strong and specialised portfolio, with bespoke solutions that non-specialised insurer agencies do not provide.
  • Strong competitive edge and strategy.
  • Small enough to offer personalised service and deliver to the highest standards.
  • Past and present successes to build on.
  • Reliable lead times.
  • A specialised team in place and a clear succession.
  • A wealth of knowledge and experience, operating for 30+ years in the sector.
  • A healthy financial profile with potential for growth, with over £190k turnover in 2022.
  • Pedigree well beyond its size, which can be used to expand in the hands of new owners and with the right input.


HIGHLIGHTS

  • Specialised service offer.
  • Excellent reputation and trading history.
  • Existing clientele and long-standing contracts.
  • Significant scope for growth.


OPPORTUNITIES

  • Focusing on enhancing existing service offer.
  • Implementing new marketing opportunities.
  • Positive market conditions.

Location
South East England.

Premises
Leasehold

Tenure
Leasehold

Hours
The business trades all year round.

Staff
Further information can be made available on request.

Financial Profile
YE22 Turnover IRO £191k

  • 100% share capital.
  • Interested parties to sign an NDA.
Is this business relocatable:
No
Is stock included:
NA

Listed By:

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