Central West

Asking Price: POA
Loan Book: To be disclosed upon enquiry


Business history and potential

The business was established in 2005 and was purchased from Mortgage Choice as an existing Franchisee.

In its 12 years of operation, the business has assisted more than 2000 clients from the local area with their home finance needs. Many are returning for their second and third properties. Repeat clients now accounts for 60% of settlement volume.

Whilst it is fair to say that the business is well established business, the opportunity for a new owner to leverage off that position is outstanding. The potential of an adviser could be included in the sale.

We also see good uplift in revenue from the existing Loan book, by integrating it with an existing Mortgage Choice business and lifting the payment banding.

Customer database

This business includes a database of exisiting clients and prospects. Details of the database will be disclosed upon enquiry and acceptance of confidentiality agreement

Marketing area

The Census data above reveals the organic growth potential for this business in this marketing territory and helps explain the above average performance being achieved by this office to date. The average population is younger than Sydney as a whole, with a much heavier weighting in the child demo-graphic (0-14 yrs) which will become First home buyers in the next 10 years.

The population is growing steadily and this is forecast to continue. Income levels are strong; higher than Sydney as a whole in the $40,000 to $100,000 bracket and people do not tend to move

Postcodes: 2581, 2583, 2586, 2668, 2669, 2671, 2672, 2675, 2721, 2787, 2790, 2791, 2792, 2793, 2794, 2795, 2797, 2798, 2799, 2800, 2803, 2804, 2805, 2806, 2808, 2809, 2810, 2820, 2821, 2823, 2824, 2825, 2827, 2828, 2829, 2830, 2831, 2832, 2833, 2834, 2835, 2836, 2839, 2840, 2843, 2844, 2845, 2846, 2847, 2848, 2849, 2850, 2852, 2864, 2865, 2866, 2867, 2868, 2869, 2870, 2871, 2873, 2874, 2875, 2876, 2877, 2878

Key suburbs: Dubbo, Bathurst, Wellington, Orange, Coonamble, Coonabarabran, Nyngan

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