Dartford based Mortgage Practice with almost 2,000 Active Clients, over £300,000 in Revenue and huge potential on the Wealth Management side.

Current turn over circa: £ 300,000

Offers over: £ 360,000

Established: 15-2 years

Gross Recurring Revenue: 70-100k

Number of staff: 1-3

Locations: Dartford

Additional Notes:
Dartford based Mortgage Practice with almost 2,000 Active Clients, over £300,000 in Revenue and huge potential on the Wealth Management side.

Established almost 20 years without a single complaint upheld, this business has developed incredibly consistent revenue growth and a large, loyal customer base. The average client returns to the Practice 7-8 times for either rate switches or different products. As a result, revenue growth has been incredibly consistent for the previous 5 year and the unwinding of existing business alone secures the cash flows next 5-10 years.

The Practice does not have the capacity to cope with the volume of new business experienced in recent years - just this month over 7 first time buyers have purchased a mortgage through the practice. Not only is there large potential on the mortgage and protection side of the Practice with new and existing business, but the entire client bank is also untapped for wealth management advice - over 400 of the active clients are estimated to have over £500,000 in either pension or investments.

For more information please call 01765 698 699 and quote the reference number 30042 ask for Toby Holbrey