Excellent window of opportunity to purchase this well established business with large upwards growth and scaling potential. This is not just any "serviced apartment", property mgt. Co. This company has the finest locations, largest property sizes and luxury "high end" Resi on AirBnB plus various other platforms and agents. For example:
https://www.airbnb.co.uk/rooms/32331840
https://www.airbnb.co.uk/rooms/13905660
https://www.airbnb.co.uk/rooms/26351214
https://www.airbnb.co.uk/rooms/37120183
https://www.booking.com/hotel/gb/embankment-garden-apartments.en-gb.html
Current Annual income of: £1,200,000 - The majority of the income is from property management and lettings. The office (lease option possible to extend) is located in a prime trading Covent Garden location in London. The business is fully staffed with limited input from the founding partner running with low overheads producing a trading profit in the region of £250,000 per annum. The business is co-operating with a professional boutique property company disposing of their residential lettings department to concentrate on their core business (property development and asset mgt.). Full details on application. Please note unless you can produce confirmation of funding, do not apply.
Support and Training:
6 weeks training and handover.
Location Details:
Covent Garden, Leicester Square, Trafalgar Square, Piccadilly Circus, St James, Belgravia
Is this business relocatable:
Yes