Estate Agents/Letting Agents for sale in London

View the "Franchised Lettings / Estate Agency For Sale - West London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Franchised Lettings / Estate Agency For Sale - West London

London, England

  • Leasehold Price: £190,000
  • Annual Turnover: £255,000
Seller Reference: BRS742
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Business Description
Seller Reference: BRS742
Request Details
Business Description
Our client is looking to secure a buyer for his lettings / estate agency in a prime West London borough. The owner has run this business for over 10 years and has built up a strong reputation and robust portfolio consisting of around 155 properties on various management packages. The business sits at around a breakeven point on lettings only income, the profit in the business comes from property sales which given the high value area, can generate some healthy income from a low number of sales. In the last year the business old 12 properties generating income of around £80k!

Highlights include:

- High value territory
- Super strong landlord to property ratio
- A total of around 155 properties under managements (full management/let only, rent collect, guaranteed rent)
- Good management in the business
- Great branding!
- Genuine reason for sale

The business is listed for sale at £190k for an asset purchase.

Enquire now for an NDA and further details.
Tenure:
Leasehold
Listed by:
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