Profitable Romford Based IFA and Mortgage, Directly Authorised limited Company housing £20m FUM and c.£350k of Turnover.

Current turn over circa: £ 350,000

Offers over: £ 250,000

Established: 10-1 years

Gross Recurring Revenue: 50-70k

Number of staff: 3-5

Locations: Romford

Additional Notes:
Profitable Romford Based IFA and Mortgage, Directly Authorised limited Company housing £20m FUM and c.£350k of Turnover.
 
This diverse business has several different forms of income. The financial services side has clients that have average investment portfolios of 150k. The majority of the income is made up of mortgage business, but they also deal with wills and probate work and general insurance.

The Practice has huge potential for endogenous growth through new business generation with existing clients and has the potential to double in size over the next 3-5 years as funds of clients grow naturally into retirement age. In conjunction with potential in the volume of clients, the ongoing adviser charges are a mix between 0-0.5%, representing huge potential for fee uplift and value accretion.

The Practice services over 800 clients with 90% situated in the Redhill area. This model is highly portable and any acquirer will be able to service the clients efficiently, eliminating the need for traveling thus saving both time and money.

For more information please call 01765 698 699 and quote the reference number 30137 ask for Toby Holbrey