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Established Short Let Property Management Business In Exeter For Sale

Exeter, Devon, UK
Asking Price:
£40,000
Turnover:
£100K - £200K
Net Profit:
£58,000

We are an established property management business, a successful existing franchise of the UK's leading full-service short-let property management agency, Pass the Keys.

We have a growing client base of around 40 property owners who trust us to manage their houses & apartments in Exeter and surrounding areas, using short-letting sites such as Airbnb and Booking.com. At any one time, we'll have 30+ active properties. With support from the franchisor and community of other franchisees, it is a business that can be learned by anyone with a proactive approach and does not necessarily require prior experience. The business can be run by one or two people with flexible hours (under 40 hours per week) and will generate a profit of £50k per annum based on our current portfolio.


Key Highlights:

Strong, ongoing booking pipeline.

Potential for expansion.

Well-established network of reliable service providers.

Integration into the recognised Pass the Keys brand.

Advanced technology support, including apps and software for streamlined booking processes.

Sale motivated by a change in personal circumstances.


Pass the Keys, active since 2014, operates in the profitable short-let property management industry. Joining the Pass the Keys network means you gain the independence of running your own business with the added benefits of support, scale economies, and marketing reach that would be challenging to achieve independently.

Over 40 dedicated employees and a network of more than 80 franchisees work collaboratively to provide service to thousands of guests, underpinning the strength and reach of the franchise community.

No prior experience in short-letting is necessary to join Pass the Keys. Franchisees come from diverse backgrounds, often without prior business management experience. Success in the network is driven by work ethic, strong interpersonal and organisational skills, and the ability to operate within a proven framework. If you possess these qualities and seek a proven, profitable business in Exeter, this opportunity is for you.

Confidential details about the business are available upon request.

Property Information

Location:

Exeter

Premises Details:

The business can be operated from home

Business Operation

Expansion Potential:

Opportunity to increase portfolio

Reasons for selling:

Lifestyle change

Employees:
1
Years established:
4

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Franchise agreement can be provided

Other Information

Website:
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Home based:
This business can be run from home.