Other Retail businesses for sale in Nottinghamshire

View the "Property Management Portfolio" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 Thanks to your email alerts I found & have recently completed on the purchase of a Hotel in Scotland 

Ian McGregor (Nov 2013)
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Asking price: £40,000 Price Reduced Annual Turnover: £25,000 Annual Net Profit: £18,000
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Business Description

Intelligent Business Transfer are delighted to bring to the market this great opportunity to purchase a management portfolio based in Nottingham.

The Portfolio has been built up for just over 2 years and has experienced growth on a monthly basis since then. The Portfolio currently manages 30 properties ranging in size across Nottingham.

The Portfolio offers a more personal and competitive priced service to both landlords and tenants, which attracts new landlords on a regular basis. The bulk of the turnover is generated from managing the properties, however there are many other revenue sources such as charging landlords for inventories, tenant administrative fees and a fee for sourcing tradesman.

If a potential buyer were to advertise the business using social media and in relevant industry publications, their portfolio of landlords would be dramatically improved along with their sales revenue.

A potential buyer could also introduce a sales element to the business which would complement the letting agency and can be extremely lucrative.

The turnover of the business is in the region of £25,000 with an impressive adjusted net profit figure.

It is with a heavy heart that the current owners are willing to sell the Portfolio to pursue other business interests. This Portfolio would suit an entrepreneur with a passion for the property industry or large corporate organisation looking to expand their letting agent portfolio.
Number of Employees: 1

Listed by: Intelligent Business Transfer
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