Intelligent Business Transfer are pleased to offer to the market a fantastic opportunity to acquire a well-established and profitable Estate Agency which specialises in Sales and Lettings in Cyprus.
Offering a unique lifestyle opportunity for a new buyer to either relocate to Cyprus or operate the business from the UK itself, the business is a fantastic proposition for an entrepreneur with an interest in the property industry and some experience of the foreign market.
Established in 1999, the business has demonstrated year on year growth and has a projected annual turnover £230,000 (2017).
With two new online platforms recently launched and a high annual turnover, this is a business opportunity in a popular industry with genuine growth potential.
Areas to consider for future development include expanding into other resorts in Cyprus - currently the business only operates in four resorts. With a possible further 10 resorts to target, this is a huge area for potential growth. Having recently launched two new sites dedicated to the sales and rental market, the business would benefit from an increase in online marketing, utilising platforms such as Google AdWords and Facebook advertising to reach a wider and digital-savvy target audience.
A 50% buy-out of the business is also available to interested buyers.