Acquisition Opportunity – Licensed Property Conveyancing Business

Acquisition Opportunity – Licensed Property Conveyancing Business

Thu 02 Apr 2020

Key selling points

  • Strong reputation in the sector – Evidenced by sources of leads and an excellent Trust Pilot rating for conveyancing and other property related services.
  • National Coverage – Based in East England but providing services across the UK.
  • Strong reporting capabilities – Strong MI function and KPI monitoring.
  • Strong pipeline – The company generated an average of 500 opportunities a month over the last 12 months with 54% of private quotes won.
  • Tech focused customer service – The company has an app enabled bespoke case management software system developed in-house, specifically focussed on property conveyancing.
  • Experienced, licensed and skilled workforce.

Financial Highlights

Strong gross profit margin (c.68%) and generated c. £139k EBITDA in FY19

Detail

This technology led UK business specialises in residential conveyancing.

The business is fully licensed and regulated by the CLC with eight fee earners.

All key KPIs such as referral source, pipeline conversion rates, pipeline, trends and geographical coverage are monitored through their bespoke software.

The business is focussed on high quality customer service delivered through its own bespoke technology platform (supported by an integrated customer app). This is evidenced by an excellent Trust Pilot rating with recommendations being the largest source of leads over the last 12 months.

Contact

Interest is invited in the acquisition of the company and or/assets, with further information available subject to a non-disclosure agreement.

Should you wish to receive further information on the opportunity, please contact Qasim Memon in the Manchester office at Qasim.Memon@mazars.co.uk.

 

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