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Letting Agency Leicestershire Net Profit For Sale

Leicestershire, UK
Asking Price:
£750,000
Turnover:
£575,000
Net Profit:
£200,000

TaylorMayers have been instructed to find a buyer for our clients franchised Letting Agency in Leicestershire. The business has been established for close to 20 years and is now a profitable and very well managed business.

Via a mix of organic growth and a few acquisitions, the business has built up a portfolio of around 450 fully managed properties in addition to a large portfolio of rent collection and let only properties.

The businesses finances are robust with increasing levels of turnover and net profit. The business is on track for £200k of net profit for the YE2024.

Highlights:

- 450 fully managed properties
- Lettings focussed.
- Team capable of handling the day-to-day operations
- Franchised
- Great location
- Large territory
- £200k net profit

The business is listed for sale at £750,000. There is an additional franchise fee of £20k+vat.

Contact us for more details.

Property Information

Property:

Leasehold