On offer is a 3-office chain producing £232K net profit pa from group turnover of £831340. The office structure comprises a large central Manchester office alongside two satellite offices in some lovely suburbs.
Whilst the offices are well-staffed and can run independently, maximum benefit is to be gained via a new owner devoting full time and attention to the business and re-invigorating the staff, refreshing the marketing and increasing momentum.
Performance is good and income is derived from around 550 lettings properties and 50 or so sales properties. There is potential for much more.
The owner operates another business (non-competing) which is taking up all of his time and therefore wishes to sell his high-street agencies.
The brand is strong and well-supported.
Offers on £850K are invited.