Finance / Professional businesses for sale in Tyne and Wear

View the "COMPANY SPECIALISING IN PROPERTY MANAGEMENT, LETTINGS AND SALES" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

COMPANY SPECIALISING IN PROPERTY MANAGEMENT, LETTINGS AND SALES

Tyne and Wear, England

  • Price: Offers Invited
Seller Reference: 160080
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Business Description
Seller Reference: 160080
Request Details
Business Description

North East.
FY17 T/O of £716k, EBITDA of £147k.
FY18 outturn T/O of £727k, EBITDA of £180k.
Consistently high gross profit margin of over 90%.
Provides a wide selection of remote property letting services, overseeing all tenancy applications, documentation production and electronic signing through the use of online software.
Maintains a substantial list of 180 properties throughout its local region.
Maintained long-standing relationships with landlords for up to 12 years.
Current client base provides over 90% repeat business.
Strong workforce that contain over 70 years of experience within the sector.
An established second-tier management team, able to oversee day-to-day business operations post-sale.
Current managing director willing to remain in a consultancy role, subject to further negotiation.
Offers invited.
Listed by:
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