Estate Agents/Letting Agents for sale in Norfolk

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 A great experience – we had more buyer enquiries through Daltons and the exposure was invaluable to the eventual sale 

Brian Marshall (May 2014)
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Asking price: £79,995 Price Reduced Annual Turnover: £67,787 Annual Net Profit: £58,274
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Business Description

Intelligent Business Transfer are excited to offer to the market this very rare opportunity to purchase an online estate agency and property portal which is solely focused on the Spanish property market.

The business has been established for 7 years and in this time has built a great reputation. The business acts as an estate agent for Spanish property to foreign buyers.

The business will advertise properties on a number of different property portals as well as their own, to introduce buyers. Their buyers come from all over the world and once they have completed the sale, the Spanish agents then pay the company 50% of their commission, which is often a minimum of 5%.

The business has various other revenue sources such introductory services to mortgage providers, solicitors and currency converters.

The business would increase their sales revenue if they were to advertise their services to Spanish estate agents to further increase the 7,000 properties they currently have on their books. A potential buyer may also wish to franchise the business to other countries throughout Europe.

The turnover of the Business is in the region of £67,787 with an impressive net profit figure of above £58,274.

It is with a heavy heart the current owners are selling the business due to retirement. This business would suit an entrepreneur with a passion estate agency and with the energy to manage this lucrative business.
Listed by: Intelligent Business Transfer
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