Estate and Letting Agency – West Midlands – £120k Net Profit
Estate and Letting Agency – West Midlands – £120k Net Profit
Description
TaylorMayers have been instructed to find a buyer for our clients Estate / Letting Agency in Worcestershire. Our client has owned the business for just short of 20 years and has built up a profitable and well-respected business in their area.
Financially, the business is robust and consistently generates revenues of c£340k per annum leading to net profits of around £120k.
Highlights include:
– Consistent revenues of c£340k pa.
– Net profit averaging £120k pa
– Modern and well-located office
– Excellent reputation
– c90 properties under management
– Consistently looking after around 50 sales properties
– Large exclusive franchise territory
The business is offered for sale at £345k.
This is a franchise, therefore, it is not possible to acquire the lettings book only. Any existing agent would be required to merge / rebrand their current business into the franchise.
Enquire for an NDA.
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