Estate Agents/Letting Agents for sale in Suffolk

View the "Lettings / Estate Agency - £145k Net Profit - Franchised - Fully Managed Business" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Lettings / Estate Agency - £145k Net Profit - Franchised - Fully Managed Business

Suffolk, England

  • Leasehold Price: £495,000
  • Annual Turnover: £470,000
  • Annual Net Profit: £145,000
Seller Reference: BRS195
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Business Description
Seller Reference: BRS195
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Business Description
Our client is looking to secure a buyer for their highly profitable and well established Franchised Lettings / Estate Agency in Suffolk. The business has been trading for many years and has built up an excellent reputation in the local area which can be backed up by some excellent Google reviews. Highlights include:

- Superb location
- £470k turnover
- £145k net profit
- Business run under management
- Well established business
- Excellent reviews
- Around 500 fully managed properties
- Genuine reason for sale
- Owner happy to provide a handover period

This is an excellent opportunity for a buyer to purchase a near hands off business with huge growth potential to grow the sales arm of the business. Turnover is consistent and has risen from £450k YE 2019 to £470k YE 2020.

Enquire for an NDA and further details on this opportunity.
Tenure:
Leasehold
Listed by:
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