Business Broker for sale in Oxford

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Established General Business Transfer/Commercial Agent. Home Counties.

Oxford, Oxfordshire, England

  • Leasehold Price: £95,000  Price Reduced arrow_drop_down
  • Annual Turnover: £1,500,000
  • Annual Net Profit: £85,000
Seller Reference: 1223 BTA Shires
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Business Description
Established General Business Transfer/Commercial Agent. Home Counties.
Seller Reference: 1223 BTA Shires
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Business Description
Average annual income of £151,000 over the past 5 years. The majority of income is from the sale of general businesses throughout the Shires, with the remainder being split between the sale/letting of commercial property, including vacant shops and tenanted investments and valuations of various businesses and properties. This is a very highly respected company which has been established for many decades and built up a superb and very enviable reputation, with a high level of repeat business coming from clients, accountants, solicitors and surveyors, etc. Income for the year end April 2020 was £147,477 showing a trading profit in the region of £85,000. In previous years, income has been as high as £160,000 and an average annual income of £151,000 over the past 5 years. The business is run under partnership and if required, the partners would be happy to stay on for a transitional period, to assist the smooth transfer of the business, subject to terms and conditions.
Tenure:
Leasehold
Leasehold Term:
10 Year Lease from April 2019 with Break Clause Current Annual Rent £11,750
Listed by:
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