- Advert ID: 422378
Insurance Services To Ex Pats Business For Sale
- Location:
-
- Spain
- > Andalucia
- > Malaga
- > Costa del Sol
- > Costa Del Sol
- Category:
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Summary
- Asking price:
- €50,000
- Sales revenue:
- < €500k
- Net profit:
- < €250k
- Years established:
- 2006
- Employees:
- 5
- Relocatable:
- This business can be relocated.
Business description
The business sells insurance services to the over 55 year old expats through out Spain providing BUPA /sanitas ,mediacal cover , various general policies such as home contents and its own branded funerals plans.
Property information
- Real Estate:
- Lease
- Lease terms:
- 5 year renewable
- Location:
- Commercial centre
Other information
- Expansion potential:
- The business has a a data base of 130,000 expats who are being targeted by a telecanvassing and telesales campaigne and followed up by a field sales force to close the sales.A full time equity partner with selling /managirial skills and insurance experiance is needed to harness the opportunity offered by a large and increasing population of over 55 year old expats relocating to Spain.
- Competition / Market:
- The business serves UK and Irish expats living in spain with the provisioj of its own funeral plans and as a broker for the sale of Medical and general insurance policies.
- Reasons for selling:
- The owner wants to bring in a full time equity partner who will have the time and energy to embrace the opportunity to develop the business.The incoming partner will neeed to invest at least 50,000 into the business, taking on a significant ownership share and become its driving force.
- Furniture / Fixtures value:
- €20,000
Contact the seller
need to search again?
- Spain
- > Andalucia
- > Malaga
- > Costa del Sol
- > Costa Del Sol
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