Accountancy Practices for sale in Tyne and Wear

View the "PROFITABLE LETTINGS FRANCHISE RESALE - NORTH EAST" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 A great tool to sell without the huge estate agent fee and a partial refund for a quick sale!  

S. Campbell (April 2016)
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Leasehold Price: £200,000 Annual Turnover: £179,000 Annual Gross Profit: £152,000 Annual Net Profit: £43,000
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Business Description
Our client wishes to exit this neat, organised and profitable property franchise business in order to take up another B-2-B opportunity. The business is robust, stable and has operated smoothly for the last 8 years. A lettings portfolio of 180 or so properties is producing a consistent readjusted NP of around £43K. Based in a major NE City, there is huge potential for growth not only within additional lettings, but by adding property sales into the business. Whilst the business is owner-led, there are experienced staff in place that permit the owner to take frequent breaks from the business and be very selective about the hours he commits. At an asking price of £200K, the business represents great value for a new owner who wants to build on the solid base that has been established and take this business into serious profitability. Genuine enquiries only please. Full training will be provided.
Tenure: Leasehold

Listed by: Taylor Mayers
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