Estate Agents/Letting Agents for sale in Derbyshire

View the "FRANCHISED BUSINESS TRANSFER AGENCY - EAST MIDLANDS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

I can honestly say I was overwhelmed by the amount of interest and enquires.

Jo White (April 2016)
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Asking price: £66,000 Annual Turnover: £88,056
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Business Description
FRANCHISED BUSINESS TRANSFER AGENCY - EAST MIDLANDS

This business transfer agency franchise covers Nottinghamshire, Leicestershire, Lincolnshire, Derbyshire, Staffordshire and South Cheshire. It assists clients with the valuing and selling of their business across a wide spectrum including leasehold and freehold.

Everett Masson and Furby are one of the oldest and most established agencies in the country and have recently enjoyed their fiftieth anniversary of trading. They are highly regarded both in the market and by other professionals for their integrity, ethics and code of conduct in their dealing with clients.

This is a combination of two franchises and if consolidated is currently the fifth highest fee earning operation out of eighteen franchises and generates high average fees with a higher than industry norm conversion of instructions to completion.

Now offered for sale as the vendor wishes to retire after fifteen years, this represents a first-class opportunity for a purchaser with a sound business management or estate agency background who is prepared to work hard and reap the rewards.

THE BUSINESS ITSELF

This is a long established, well regarded brand with valuable market links with introductions coming from the EM&F, Daltons, BFS and RightBiz websites and also, among others, sector publications and professional sources such as banks, solicitors, accountants and commercial property agents.

Fee income for the twelve months to May 2017 was £88,056 with low overheads resulting in very healthy net profits for the vendor.

The company is run by a husband and part time wife team but could be run by one person with a professional message service.

Post completion all training and support will be provided by both EM&F Head Office and the vendor.

The business offers agency and sales file management services to independent business owners and families who are looking to sell their businesses be they sole traders, partnerships, LLP's or limited companies.

Through the head office of EM&F many valuable corporate and individual sale enquiries are provided which are invariably of a high quality. The business has successfully sold a wide range of businesses including retail, catering, entertainment, engineering, Post Offices and many other Small to Medium Enterprises in the B2B sector with many testimonials available. There is a data bank of some several thousand applicants.

With the right applicant considerable scope exists to expand the business by increased marketing activity which could increase the fee income to circa £250,000.

The business operates in compliance with statutory and regulatory requirements and is VAT registered.

SUMMARY

A very rare opportunity to purchase an established business transfer agency delivering strong profits. Ready for further growth in the hands of younger more ambitious owners. Experience of the sector is not necessary as EM&F Group and the vendor is happy to provide post completion training and support. Offers are expected to be in the region of £66,000 for this Relocatable business. Please quote (Ref: M33324V) in all enquiries to 01858 469469.

Is this business relocatable: Yes

Listed by: Everett Masson and Furby
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M33324V
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