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BusinessResale are looking for a buyer for our clients well established and highly profitable Lettings Agency in Cheshire. The business has been operating for many years and has built up a robust portfolio of some 130 fully managed properies and over 100 let only properties. Turnover and net profit have been increasing in the recent years with the business now producing a net profit of around £100k. Highlights include:
- increasing turnover / net profit
- £100k net profit
- around 130 managed properties
- over 100 let only properties
- small sales portfolio (scope to grow sales within the business)
- well established business
- well known franchised brand
Priced at £275k the business is marketed at a 2.75x multiple of EBITDA.
Contact us for an NDA and further details.
Full traning will be provided by the franchisor alongside on going support and a handover period by the vendor.
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