The Company is well established and is the dominant lettings agent in the local area.
The Company’s turnover for the years ended 31 August 2015 & 2016 are shown below:
• 2016 £373,193
• 2015 £342,533
Company EBITDA, adjusted to exclude costs relating to the majority shareholders for the years ended 31st August 2015 & 2016 is:
• 2016 £162,266
• 2015 £130,027
By embracing core principles of quality service and customer care the Company has built up a base of loyal customers and is synonymous with the local property market.
The Company has built up a base of loyal landlords and currently has 435 managed properties within its portfolio along with in excess of 120 let only properties.
The Company operates from leased premises at a monthly rent of £1,000 per month.
The premises are in a prime location in their trading area.
In addition to the director, the business employs 3 members of staff:
• 1 x Supervisor
• 1 x Senior Lettings Administrator
• 1 x Lettings Negotiator
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