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Business for Sale Overview:

This business has been established for 5 years enjoying increased turnover and profit year on year. £90,053 net profit achieved in the last tax year (August 2006 – Aug 2007) with huge scope to expand and increase profits further. Currently run from a home office and fully managed by the owner, this business is well respected within it's sector and currently generates all leads from Introducer's. At the moment, 80% of the turnover is generated through Secured Loans and 20% through Mortgages (and associated insurances) - mainly in the sub prime sector. Commercial Finance and IFA services have been added to the company's product portfolio, but these have yet to be marketed, and hold an opportunity to increase fee income further. All of the Introducer's are paid on a commission split basis (on completion), helping to minimize costs to the business. Running costs are simply a phone line, website hosting and broadband. It’s success has been built upon providing a first class service to Introducer's in terms of reporting, paying promptly and completing deals they may have otherwise lost. Introducer's vary from Financial websites, IFA’s, data providers and General Finance Brokers.

Market Competition and Expansion:

The company advertises through Google search engine “adwords” section, and enjoys good visibility through the search engine facility.