Bespoke Residential Estate Agency in affluent Dorset.

  • Leasehold Price: £275,000
  • Annual Net Profit: £104,000
  • Annual Turnover: £375,000
Dorset, England
Seller Ref:1411 Dorset
For Sale

Bespoke Residential Estate Agency in affluent Dorset.

Dorset, England
Seller Ref:1411 Dorset
  • Leasehold Price: £275,000
  • Annual Net Profit: £104,000
  • Annual Turnover: £375,000

Overview

Seller Ref: 1411 Dorset

Description

Current Annual Income of £375,000 from Residential Sales only. This independent business has been established for many years and has built up a superb name and trusted local reputation. The company does not undertake property management or lettings by choice and offers outstanding opportunities as lettings are continually turned away. Management accounts for September 2023 show an income of £328,000 and a trading profit including directors wages of £104,000, therefore based on this year’s income of £375,000 profit should be in the region of £140,000. The owner, if required, will continue on a consultancy basis.

Leasehold Terms:
New Lease to be granted, terms to be agreed.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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