Web Portal And Easily Accessible UK Finance

Location: United Kingdom
Industry: Technology – Internet Related > Other Technology – Internet Related

Businesses For Sale Summary

Web portal for sale, offering the most comprehensive and easily accessible UK finance information on the web and generating significant volumes of leads for the Financial Services industry. Ref.CG021. Location Relocatable. Asking Price ? 5,000,000. Online since 1999 and comprising six websites in all, this portal is an independent, consumer-friendly, information guide to all aspects of UK personal finance. Written and developed by non finance professionals, this site is aimed at normal people trying to make sense of all the jargon in attempting to get the best finance products available at the best possible price.

Having identified the confusion experienced by most people in buying financial products in the UK this business has researched the information available, turning it into a website by simply recording personal experiences any time a financial product was required by the Owners of the business – be it a will, life insurance or a mortgage. This website offers some of the most comprehensive and easily accessible UK finance information on the web – and if the subject isn’t covered on the site itself then prominent links direct a user to the very best alternatives.

Financials

Asking Price Range:  $10.0M – $20.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1999
Number of Employees:  1 – 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Not Applicable

About The Sale

Management Training and Support:  The current Owner will provide full business familiarization, training and handover to ensure a smooth transfer of the business to new Owners.
Reason For Selling:  With a fundamental lack of interest in personal finance, the current Owner wish to pass the business to new Owners to realise the full potential of the portal and build on the excellent foundations already laid.