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WPA Healthcare Practice (franchise for sale in Lancashire)

  • Location(s): Lancashire
  • Investment Level:£125,000.
  • WPA Franchise Business for Sale - Lancashire

    An outstanding opportunity has now arisen to purchase the established and highly successful WPA franchise territory in Bolton. The business was formally established in 2005 as part of the new WPA Franchise system, although the owner had been employed by WPA prior to that.

    WPA is a specialist UK health insurer with a large community of customers and a history dating back over 100 years. Franchise Owners operate from home within defined territories, servicing both corporate and private clients within that territory.

    Franchisees generate income from commission on new policies placed with clients and also renewals of annual policies as they fall due. WPA prides itself on the level of its renewals and so provides an on-going income stream for its franchisees.

    The support from WPA is first class, enabling a new owner to understand and grow the business. Initially, there is a one week residential training course covering all aspects of the business, followed by a launch package. During the first two years a new franchisee will have an existing successful franchisee as a mentor.

    The business has developed a portfolio of both corporate and individual clients with excellent retention year by year. It has a stable regular income with clients renewing contracts as they mature. This is a growing platform upon which the purchaser can further expand the business throughout the territory. The most densely populated areas within the territory are Bolton, Wigan, Warrington and Chorley, with many more pockets in surrounding areas.

    After many successful years, the Owner now wishes to retire. With limited direct costs this is a very profitable operation and offers are sought at an asking price of £125,000.

    A full prospectus of sale is available following the signing of a non-disclosure agreement. Please complete the form below for full details.

     

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