Taylor Mayers have been instructed to find a buyer for our client's Estate / Letting Agency in Worcestershire. Our client has owned the business for just short of 20 years and has built up a profitable and well-respected business in their area.
Financially, the business is robust and consistently generates revenues of c£340k per annum leading to net profits of around £120k.
Highlights include:
• Consistent revenues of c£340k pa.
• Net profit averaging £120k pa
• Modern and well-located office
• Excellent reputation
• c90 properties under management
• Consistently looking after around 50 sales properties
• Large exclusive franchise territory
The business is offered for sale at £345k.
This is a franchise, therefore, it is not possible to acquire the lettings book only. Any existing agent would be required to merge/rebrand their current business into the franchise.
Enquire for an NDA.
