Estate Agents/Letting Agents for sale in Devon

View the "Highly Profitable Residential Sales Estate Agency. West Devon" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Highly Profitable Residential Sales Estate Agency. West Devon

Devon, England

  • Leasehold Price: Offers Invited
  • Annual Turnover: £340,000
  • Annual Net Profit: £140,000
Seller Reference: 1239 Devon
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Business Description
Highly Profitable Residential Sales Estate Agency. West Devon
Seller Reference: 1239 Devon
Request Details
Business Description
Current annual income is in the region of £360,000, the entire income is from Residential Sales. Management accounts for year-end July 2020 show an income of £357,032 and an operating trading profit of £140,590 (net profit plus directors wages/pensions contributions). The previous 4 years show an average income of £390,000 showing this is an excellent and solid business over many years, with only minimal effect of the current situation, confirmed by the current sales pipeline of £250,000. This is a very established and highly respected independent run business that has built up a superb local reputation and an excellent brand name and offers superb opportunity for increasing trade by undertaking property management and lettings, in these busy and affluent residential areas.
Tenure:
Leasehold
Listed by:
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