Our client has asked us to find a buyer for his Surrey based lettings agency. The business has been trading since early 2017, the owners are now looking for an exit from the industry.
- Around 70 managed properties
- 10 Available sales properties
- £22k EBITDA for 2018. 2019 figures to be published early next week
- Business is primarily lettings only with the only sales stock being generated from landlord wishing to sell
- Strong and well known brand across the UK
- High property values
- Around £9k of managed fee income each month
Offered for sale at £90k. Enquire now for an NDA and further details.