TaylorMayers have been instructed to sell our clients Franchised Lettings Agency in Devon. The business which operates under one of the main property franchises, has been established for well over 10 years and generates a consistent turnover of around £300k a year.
The business manages some 200+ fully managed properties and around 150 tenant find only properties. Property sales are few and far between, with any sales generally coming from their landlords looking to sell. This provides a huge growth area within the business.
Highlights include:
• £300k turnover
• £100k adjusted net profit
• 200+ fully managed properties
• c150 tenant find only
• Well established
• Franchise
• Prominent office location
• Retirement sale
• Huge growth opportunities within property sales, referrals and financial services
The business is offered for sale at £195,000. There is an additional franchise fee payable.
Please note this is a franchise, therefore any existing agents would be required to merge / rebrand their existing agency in to the franchise.
