Letting Agency – Leicestershire – £200k Net Profit
Letting Agency – Leicestershire – £200k Net Profit
Description
TaylorMayers have been instructed to find a buyer for our clients franchised Letting Agency in Leicestershire. The business has been established for close to 20 years and is now a profitable and very well managed business.
Via a mix of organic growth and a few acquisitions, the business has built up a portfolio of around 450 fully managed properties in addition to a large portfolio of rent collection and let only properties.
The businesses finances are robust with increasing levels of turnover and net profit. The business is on track for £200k of net profit for the YE2024.
Highlights:
– 450 fully managed properties
– Lettings focussed.
– Team capable of handling the day-to-day operations
– Franchised
– Great location
– Large territory
– £200k net profit
The business is listed for sale at £750,000. There is an additional franchise fee of £20k+vat.
Contact us for more details.
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