Insurance Brokers for sale in Oxfordshire | Bizdaq
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Unique Opportunity - Insurance Company

Oxford, Oxfordshire

Asking Price £195,000 (or open to offers)
Turnover £65,722

Business overview

Unique opportunity to own a business which operates as an Appointed Representative for Clegg Gifford who have acquired status as a Lloyd's Broker.

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Property
  • Reason for sale

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Business description

As opposed to independent insurance brokers all the regulatory aspects are dealt with by the broker Clegg Gifford, leaving the appointed representative to focus on building their company and portfolio of clients. In previous years Westminster Oxford has obtained gross annual earnings just shy of £100,000, there is huge scope for growth with massive returns if the hard work is put into it. Westminster Insurance itself, has been established for 70 years, therefore with a wealth of knowledge, experience and support behind them.

We offer a range of insurance products across commercial, including industries such as, Taxi, Shop's, Hairdressers, Pub's, Restaurant's, Hotel's, Spa's. Along with products including, Public Liability, Public Indemnity, Stock & Contents and more. The majority of our clients at present are Taxi's therefore creating scope to target commercial businesses across the UK.

This opportunity would be well suited to someone who is already within the insurance industry who wants to take on a challenge or run their own business with no restriction on earnings. I myself had not owned a business previously, I also did not work within the Insurance Industry, therefore, it is possible for the job to be learnt if the time is put in (training can be discussed).

You can view our recently built website here: www.westminsterinsurance.co.uk

Business location

The business is relocatable, ideally would be located in the Oxfordshire area. This could be a home based business if you'd like it to be.

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