VIC FP/Risk Businesses Wanted

A successful (Melbourne based) FP/Licensee group is looking acquire a business in VIC.

This vendor is highly experienced with extra capacity to service and maintain FP, Risk, and mortgage broking operations.

Income would be made up of: either a combination of:

  • Fee for service – 50k to 400k
  • Insurance renewal commissions – 50k to 500k

Client base of: PAYG, Professionals, Retirees, Accumulators, Mums & Dads, Trades people with their own Pty Ltd company, Farmers, SMSF’s.

All insurance and platform providers are sought as the APL is extensive.

Records storage system with XPlan are amenable.

70% upfront of the agreed multiple would be available on signing with remaining to be paid at 12 months.

The acquirer would expect the vendor be available via phone or email for the first 12 months to assist with transition of clients.

The buyer is willing to talk attractive terms for the purchase with an upfront investment, reasonable handover protocols and standard run off provisions.

Finance ready to go for the right partner.

For more information and a prompt introduction please call Jim Prigg on 0408 520 453 or