First time offered and operating since 2005, this business provides a mobile lending service for personal customers, both existing and potential, on a 24/7 basis.
It is located in a high growth area of South East Queensland. The territory itself has some unique location advantages.
The business leverages relationships with internal networks to meet all the clients’ financial needs and deliver a superior client experience and convenient solution.
The business being offered includes the franchise and current loan book with funds under management approaching $100M and a stable recurring ‘passive’ income that will support the investment required to acquire the business. The purchaser will not only be buying into a distinctive brand with strong recognition, but gain exclusive access to high quality sales, marketing and operational support tools as well as networks to further develop the business. These benefits also help to ensure that business overheads and fixed costs are lower than other competing businesses.
This franchise is considered one of the best performing franchise platforms, with only a few established franchises having ever been sold. In line with this, the business has grown consistently with only one FTE but turnover could be easily doubled with a second loan writer and/or an administrative officer.
This opportunity would suit someone (either an individual, couple or family) who are results driven with an entrepreneurial spirit, management skills, drive and the ability to build networks. No previous banking experience necessary as full training is provided.
Whilst enjoying the continued success of the franchise, the current owner wishes to pursue other business interests in a new market.