Acquisition Opportunity - Northern Advice Provider

Tim Herbert at Carwardin, licensed REAA, has an excellent opportunity for a financial advice provider looking to invest in a successful, established financial advice business. Perhaps to extend your practice footprint nationally, or to build scale in your location. The opportunity in the North, a prominent insurance advice business, celebrating 20 years of expertise.

1.      Stable and Lucrative: recurring revenue of approximately $240,000 by end of 2023, with a profit of around $145,000.

2.      Robust Clientele: capitalise on a broad client base of 950 clients and 680 families, predominantly under 55, ensuring long-term potential.

3.      Strong Market Presence: organic growth has built up the client base, with 80% clients in Whangarei and Northland, and 20% across Auckland and New Zealand.

4.      Experienced Team: acquire a dedicated team of experts, including a risk adviser, a mortgage adviser, and support staff, and a trainee adviser.

5.      Growth Potential: Explore untapped opportunities in group schemes with additional $20,000 revenue potential and enhance earnings with mortgage cross-selling and re-engagement in referral programmes, potentially raising new business production to approximately $120,000 annually.

Seize this chance to own a flourishing business at the heart of New Zealand’s vibrant financial sector. Inquire today for a venture that promises not just earnings but a legacy. Call or email Melissa Waddel in our team and we can put you in touch with Tim.