Overview
Description
A fabulous opportunity to acquire an established well-respected franchise resale trading from a town centre premises located on the South Coast.
Established in 2004 and run by the owners who are looking to retire, the business has a managed portfolio of over 130 properties along with a number of let only contracts; alongside the managed portfolio is a small but expanding Block Management portfolio of c100 units. The current owners have not exploited the opportunity to offer residential sales and the business is ripe for this natural expansion having such a good local reputation, in the past 12 months c£50,000 income has been derived from sales mainly from the sale of managed properties.
Currently, trading from the rental and block management stock is c£18,500 per month and with an asking price of £250,000 this is a great opportunity for someone to step into an established profitable business and expand it. Full training is provided through Belvoir Central Office. For more information please contact franchising@belvoirgroup.co.uk or call 01476 570000.
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