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.