Our clients have owned this highly successful lettings and estate agency business for over 14 years. Trading via a strong franchise brand, they have established a solid reputation for high quality and no-nonsense lettings, with landlords and tenants who don't meet their high standards being turned away. As a result, they have a low-maintenance, highly profitable business that looks after some 300 properties and 25 or so sales listings.
Profitability is excellent, with £153,000 of net profit being generated from turnover of around £420,000.
The owners are part-time in the business and there is a strong team of part time / full time staff who deal with the day-to-day management. Marketing is light and growth has been generated from referrals and recommendations. There is huge scope to increase presence in the city via increased marketing and acquisition of competitors.
Call now for NDA and full details of the exciting opportunity.
On offer for £450,000 this is a sale that will allow the owners to semi-retire