Retail franchise resales for sale in London

View the "Staff Run Franchised, Lettings & Sales Agency. Middlesex/NW London" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Staff Run Franchised, Lettings & Sales Agency. Middlesex/NW London

London, England

  • Freehold Price: £1,295,000
  • Leasehold Price: £695,000
  • Annual Turnover: £450,000
  • Annual Net Profit: £173,000
Seller Reference: 1155 Franchise Middx
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Business Description
Staff Run Franchised, Lettings & Sales Agency. Middlesex/NW London
Seller Reference: 1155 Franchise Middx
Request Details
Business Description
Annual Income of £450,000 (Management/Lettings £404,000 and sales of £46,000). This franchise business has been established for over 20 years and is now staff run and has built a superb reputation under one of the UK’s most successful and highly respected franchise companies. The shop has been consistently over many years and one of their highest ranking performing letting offices in the country, winning many awards. The shop is located in an area of regeneration, with many building projects underway on a very large scale, with superb links to the city and new local amenities. Accounts for year end 31 July 2018 show a profit of £173,342 including directors salaries, offering superb trading profits and significant potential to grow their market share further, if run by a working owner, profits could increase further. The freehold is also available if required and includes flat..
Tenure:
Leasehold, Freehold
Location Details:
The unit is located in an excellent position near a TFL tube station
Leasehold Term:
New Lease to be granted 15 Years, an annual rent of £22,500 & 5 Yearly Reviews
Listed by:
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