TaylorMayers have been instructed to find a buyer for our clients Letting / Estate Agency in Kent. The business operates primarily via lettings with any sales income typically coming from any of their landlords who are looking to sell. With c230 properties under management, the business has a consistent turnover of around £470k leading to net profits averaging £178k.
Highlights include:
Established franchise
£470k turnover
£178k net profit
Lettings focussed
Good management structure in place
Large territory
4.5 years remaining on the lease
Full training and support offered by the franchisor
The business is listed for sale at £650k.
Please note, as this is a franchise any existing agents would be required to merge / rebrand their business into the franchise. The portfolio cannot be acquired separately.
