Online Services Business in Financial Advisory

xxxxx is a marketplace that connects financial advisers with the best paraplanners in Australia, bringing the efficiency and cost-savings of contract paraplanning in an easy-to-manage way.

FY15 SUMMARY
- Sales: $538,000 (excl GST)
- Avg monthly sales: $45,000
- Net profit: $110,000
- Unique visits to website: 19,280

OTHER KEY STATISTICS
- 14,680 SoAs prepared over 12 years
- 287 Australian Paraplanners in network
- 25 paraplanners doing majority of work for 74 main clients
- Average SofA cost is $303
- Average turnaround time is 4.1 business days

OVERVIEW
- Provides outsourced paraplanning services to financial advisors
- Business nets approx 20% margin on the paraplanning services
- Owner currently spends approx 10 hours per week overseeing the operations
- Huge growth potential targeted towards existing market in Australia and the UK, and expansion in North America
- Large portfolio of valuable domain names included (including .com, .xxxxx, .xxxxx
- Very high Google ranking
- Full training, handover, and assistance offered if required

STRENGTHS/ BENEFITS
- Home based business requiring minimal external resources
- Multiple growth opportunities
- Rank 1st for all major terms (paraplanner, paraplanning) and in the top 5 for all targeted search terms
- Can be operated from anywhere in Australia

Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on xxxxx for a confidential discussion about this business. Please quote reference BR1176.

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