BusinessResale are looking for a buyer for our clients well established and highly profitable Lettings Agency in Cheshire. The business has been operating for many years and has built up a robust portfolio of some 130 fully managed properties and over 100 let only properties. Turnover and net profit have been increasing in the recent years with the business now producing a net profit of around £100k. Highlights include:
- increasing turnover / net profit
- £100k net profit
- around 130 managed properties
- over 100 let only properties
- small sales portfolio (scope to grow sales within the business)
- well established business
- well known franchised brand
Priced at £275k the business is marketed at a 2.75x multiple of EBITDA.
Contact us for an NDA and further details.
Support and Training:
Full training provided by the franchisor alongside on going support. A handover period will be provided by the seller.