TaylorMayers have been instructed to find a buyer for our clients Franchised Letting Agency in Essex.
The business has been established for 15+ years and has experienced year on year growth in the recent years. The business is Lettings only, which provides a huge opportunity to establish additional services such as sales, financial services, commercial etc.
Financially, the business is robust with increasing turnover over the last 5 years, and net profit on track for £120k for this financial year.
Highlights include:
• On track for £400k turnover
• On track for £120k net profit
• c310 managed properties
• Lettings only
• Expansion potential in sales, FS, commercial etc
• Very little local competition
• Franchise
• Turn key opportunity
The business is listed for sale at £360,000. There is an additional franchise fee payable.
Please note, as this is a franchise, any existing agent would be required to merge / re brand their existing business into the franchise. It is not possible to acquire this business / portfolio without the franchise.
Contact us for an NDA.
