Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Established Property Business For Sale

West Yorkshire, UK
Asking Price:
£750,000 Furniture / Fixtures included
Turnover:
Undisclosed
Net Profit:
Undisclosed

An opportunity to acquire a well established and successful estate and lettings business operating in West Yorkshire. The business has been trading continuously since 2009 and over time has developed a strong local presence, experienced team and a consistently performing sales and lettings operation within an attractive and resilient property market.

The sales department benefits from a consistently high performing team providing a well structured service from initial valuation and instruction through to accompanied viewings, negotiation and sales progression. This established structure enables the business to manage a healthy volume of instructions while maintaining a high level of customer service throughout the sales process.

Alongside the sales operation is an established lettings portfolio providing the business with a valuable source of recurring management income. The combination of a sizeable managed lettings portfolio and a successful residential sales business provides a strong platform within an affordable, well connected and continually popular residential property market.

77% of income is generated from Sales activity
18% of income is generated from the managed portfolio
High sales turnover
Established lettings portfolio
Strong local reputation
The business is being sold on a share sale basis

Further information is available upon request; please contact the seller below for more details.

Property Information

Property:

Leasehold

Location:

The office is in a highly visible and prominent high street position, directly opposite the main bus station. The location benefits from excellent passing pedestrian and vehicle traffic, with a public car park situated to the rear of the office.

Business Operation

Reasons for selling:

Retirement

Employees:
8
Years established:
17 years

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

The Property Franchise Group PLC is one of the UK's largest and most experienced franchise operators encompassing several brands. The monthly Managed Services Fee (MSF) is 8% +VAT (plus 2% Central Marketing Fund) of your gross monthly income and includes unlimited ongoing Head Office support. The initial Franchise Fee is £22,500 +VAT and the Franchise Agreement is for 5 years. The Franchise Agreement is renewable for a fee of £500 +VAT, there is no upper limit to the number of franchise renewals.

Other Information

Support & training:

The Property Franchise Group will ensure that you are fully trained before you take over the running of this business, including an in-depth induction course, market trends/analysis review, mentor training, plus on-site support days with an experienced property professional, known as an Operations Manager. We also offer various courses throughout the year for you and your staff alongside access to a market leading online training academy. No previous property experience is required to make a success of this venture!

Financing available:

The Property Franchise Group can assist you with funding and the business model is seen very positively by our panel of high-street banks. You can secure up to 70% of the total costs of acquiring this business and any working capital required, and the business could be purchased with as little as 30% personal investment. Some sellers may consider staged payments and we can assist you in the negotiation of a suitable funding solution to meet your personal circumstances.

Website:
Login or register to view link

Listed by

The Property Franchise Group