Estate Agents/Letting Agents for sale in Stoke-on-Trent

View the "LETTINGS AGENCY - PRIME STOKE ON TRENT - £37K readjusted Net Profit" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 We were absolutely overwhelmed by the response to our sales advertisement for our Bath Coffee Shop. 

Mike Watts and Wendy Race (September 2016)
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Leasehold Price: £115,000 Annual Turnover: £88,000 Annual Net Profit: £37,143
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Business Description
We are excited to market this busy, growing lettings agency situated in a prime location in this bustling Staffordshire city. Managing around 150 properties, this franchise brand is producing a very tidy £35K - £40K pa readjusted net profit from easy hours with just the owner plus one staff member managing the business. The business is for sale due to the owner living some distance away and the conflicting demands of family life and a long commute means that a sale is necessary. The managed stock has an excellent property-landlord ratio, meaning stability and continuity with little risk of impact to the business if any single landlord chose to leave. The office is a real cracker, with ample space to expand, a director's boardroom and a whole floor upstairs that could house a busy sales operation. Moreover, some cunning negotiation by the owner has ensured a brilliant rental deal for the next 5 years. Tightly controlled overheads, excellent stock and good tenants mean that this is an easily managed business ready for a new owner to inject some pace into lettings growth and establish a profitable sales portfolio. The location is a pearler! Call for details!
Tenure: Leasehold

Listed by: Taylor Mayers
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